Braze (NASDAQ: BRZE) CTO sells 9,413 shares under 10b5-1 plan
Rhea-AI Filing Summary
Braze, Inc. (BRZE) Chief Technology Officer Jonathan Hyman reported open-market sales of Class A Common Stock totaling 9,413 shares on August 19, 2026, in three transactions at weighted average prices around $28.77, $30.37, and $30.75. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on April 14, 2026. A portion of his remaining position includes 225,596 shares represented by restricted stock units and performance-based restricted stock units, and certain additional shares are held through personal and family trusts where he shares voting and investment control.
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Insider Trade Summary 10b5-1
Net Seller: 9,413 shares
Net Sell
6 txns
Insider
Hyman Jonathan
Role
Chief Technology Officer
Sold
9,413 shs ($282K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 2,288 | $28.77 | $66K |
| Sale | Class A Common Stock F1, F4, F3 | 6,925 | $30.37 | $210K |
| Sale | Class A Common Stock F1, F5, F3 | 200 | $30.75 | $6K |
| holding | Class A Common Stock F6 | -- | -- | -- |
| holding | Class A Common Stock F7 | -- | -- | -- |
| holding | Class A Common Stock F7 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,195,219 shares (Direct);
Class A Common Stock — 600,000 shares (Indirect, See footnote)
Footnotes (7)
- F1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on April 14, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.73 to $29.23 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. Of the reported shares, 225,596 shares are represented by restricted stock units and performance-based restricted stock units.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.74 to $30.73 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.74 to $30.76 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The securities are held by a personal trust. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares.
- F7. The securities are held by a family trust. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares.
Key Figures
Total shares sold: 9,413 shares of Class A Common Stock
Shares sold at $28.77: 2,288 shares at $28.77 per share
Shares sold at $30.37: 6,925 shares at $30.37 per share
+4 more
7 metrics
Total shares sold
9,413 shares of Class A Common Stock
Open-market sales on August 19, 2026 by CTO Jonathan Hyman
Shares sold at $28.77
2,288 shares at $28.77 per share
Weighted average price; multiple trades from $28.73 to $29.23
Shares sold at $30.37
6,925 shares at $30.37 per share
Weighted average price; multiple trades from $29.74 to $30.73
Shares sold at $30.75
200 shares at $30.75 per share
Weighted average price; multiple trades from $30.74 to $30.76
Equity represented by RSUs and performance-based RSUs
225,596 shares
Portion of reported holdings in restricted stock units and performance-based restricted stock units
10b5-1 plan adoption date
April 14, 2026
Date Jonathan Hyman adopted the Rule 10b5-1 trading plan used for these sales
Sell transactions count
3 sell transactions
Non-derivative open-market or private sales of Class A Common Stock
Key Terms
Rule 10b5-1 trading plan, weighted average price, restricted stock units, performance-based restricted stock units, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Shares were sold pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"225,596 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.
performance-based restricted stock units financial
"and performance-based restricted stock units."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
beneficially own regulatory
"may be deemed to beneficially own the shares."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
FAQ
What insider transaction did Braze, Inc. (BRZE) report for Jonathan Hyman?
Braze, Inc. reported that CTO Jonathan Hyman sold 9,413 shares of Class A Common Stock on August 19, 2026 in three open-market transactions under a Rule 10b5-1 trading plan.
Was Jonathan Hyman’s Braze (BRZE) stock sale under a Rule 10b5-1 plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan that Jonathan Hyman adopted on April 14, 2026, indicating the sales followed a pre-established trading schedule.
What portion of Jonathan Hyman’s Braze (BRZE) holdings are RSUs or performance-based RSUs?
The filing notes that 225,596 shares of Jonathan Hyman’s reported Braze equity are represented by restricted stock units and performance-based restricted stock units. These units typically settle in shares upon vesting under their terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
