Braze (BRZE) CFO executes 12,532-share tax sell-to-cover transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Braze, Inc. Chief Financial Officer Isabelle Winkles reported an open-market sale of 12,532 shares of Class A Common Stock at $16.93 per share. The sale was executed under a non-discretionary sell-to-cover program to satisfy tax withholding obligations from vesting restricted stock units. After this transaction, she directly holds 251,128 shares, including 153,604 shares represented by restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,532 shares ($212,167)
Net Sell
1 txn
Insider
Winkles Isabelle
Role
Chief Financial Officer
Sold
12,532 shs ($212K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,532 | $16.93 | $212K |
Holdings After Transaction:
Class A Common Stock — 251,128 shares (Direct)
Footnotes (1)
- This transaction was effected in accordance with a non-discretionary sell-to-cover program implemented by the Issuer, effective November 16, 2021 and last modified April 30, 2023, to satisfy tax withholding obligations arising in connection with the vesting of the Reporting Person's restricted stock units. Of the reported shares, 153,604 shares are represented by restricted stock units.
FAQ
What did Braze (BRZE) CFO Isabelle Winkles report on this Form 4?
Braze CFO Isabelle Winkles reported an open-market sale of 12,532 shares of Class A Common Stock at $16.93 per share. The transaction is disclosed as a routine tax-related sale under a non-discretionary sell-to-cover program.
What type of security is involved in the Braze (BRZE) CFO Form 4 transaction?
The transaction involves Braze Class A Common Stock. The sale of 12,532 shares at $16.93 per share was reported as a non-derivative open-market sale, linked to tax obligations from the vesting of restricted stock units held by the CFO.