Braze (BRZE) director awarded 7,753 RSUs, total holdings now 18,513 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Braze, Inc. director Yvonne Wassenaar received an equity grant in the form of restricted stock units. She was awarded 7,753 shares of Class A Common Stock at no cash cost, increasing her direct holdings to 18,513 shares.
The RSU award will vest on the earlier of June 30, 2027, or the date immediately before Braze’s 2027 annual stockholder meeting, as long as she continues in service through that date. Following this grant, 9,566 of her reported shares are represented by RSUs, which will convert into common stock as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wassenaar Yvonne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,753 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 18,513 shares (Direct, null)
Footnotes (1)
- The reported securities represent a restricted stock unit ("RSU") award and shall vest on the earlier of (i) June 30, 2027, or (ii) the date immediately preceding the date of the Issuer's 2027 annual meeting of stockholders, in each case subject to the Reporting Person's continuous service on such vesting date. Of the reported shares, 9,566 shares are represented by restricted stock units.
Key Figures
RSU grant size: 7,753 shares
Grant price: $0.00 per share
Post-grant holdings: 18,513 shares
+2 more
5 metrics
RSU grant size
7,753 shares
Restricted stock unit award of Class A Common Stock
Grant price
$0.00 per share
Equity award granted at no cash cost to director
Post-grant holdings
18,513 shares
Total Class A Common Stock directly held after transaction
Shares represented by RSUs
9,566 shares
Portion of reported holdings in restricted stock units
RSU vesting date
June 30, 2027
Latest vesting date, or earlier date before 2027 annual meeting
Key Terms
restricted stock unit ("RSU"), vest, continuous service, restricted stock units
4 terms
restricted stock unit ("RSU") financial
"The reported securities represent a restricted stock unit ("RSU") award and shall vest on the earlier of"
vest financial
"award and shall vest on the earlier of (i) June 30, 2027, or (ii) the date immediately preceding"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous service financial
"in each case subject to the Reporting Person's continuous service on such vesting date."
restricted stock units financial
"Of the reported shares, 9,566 shares are represented by restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What did Braze (BRZE) director Yvonne Wassenaar receive in this Form 4 filing?
She received a grant of 7,753 restricted stock units representing Class A Common Stock. These RSUs are part of her director compensation and increase her direct holdings to 18,513 shares, aligning her interests with Braze shareholders through additional equity exposure.
When do Yvonne Wassenaar’s new Braze (BRZE) RSUs vest?
The RSU award vests on the earlier of June 30, 2027, or the date immediately before Braze’s 2027 annual stockholder meeting. Vesting is conditioned on her continuous service with the company through the applicable vesting date, typical for director equity compensation.
Does this Braze (BRZE) Form 4 show an open-market stock purchase or sale?
No, the Form 4 reflects a grant of 7,753 restricted stock units at a price of $0.00 per share. It is a compensation-related award, not an open-market purchase or sale, and therefore does not involve cash paid or received in the market.
What conditions apply to the Braze (BRZE) RSU award reported for Yvonne Wassenaar?
The RSUs will vest only if she maintains continuous service through the earlier of June 30, 2027, or the day before the 2027 annual meeting. If she leaves before then, unvested RSUs would typically be forfeited under standard equity award terms.