Braze CTO Jonathan Hyman sells 20,000 shares
The sale was made under a Rule 10b5-1 trading plan adopted April 14, 2026.
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Form Type
4
Rhea-AI Filing Summary
Braze, Inc. Chief Technology Officer Jonathan Hyman sold 20,000 shares of Class A Common Stock on October 29, 2026, at a weighted average price of $45.76 per share; individual sale prices ranged from $45.71 to $45.85. The sale was made under a Rule 10b5-1 trading plan adopted April 14, 2026. His reported holdings after the sale were 828,219 shares, of which 187,184 were represented by restricted stock units and performance-based restricted stock units. He also reported shares held by personal and family trusts, over which he shares voting and investment control and may be deemed to beneficially own the shares.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares
Net Sell
1 txn
Insider
Hyman Jonathan
Role
Chief Technology Officer
Sold
20,000 shs ($915K)
Share of Position Sold
2.4%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 20,000 | $45.76 | $915K |
| Holding | Class A Common Stock F4 | -- | -- | -- |
| Holding | Class A Common Stock F5 | -- | -- | -- |
| Holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 828,219 shares (Direct);
Class A Common Stock — 600,000 shares (Indirect, See footnote)
Holdings Before and After:
Class A Common Stock, 848,219 to 828,219 shares (Direct)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (5)
- 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 $45.71 to $45.85 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, 187,184 shares are represented by restricted stock units and performance-based restricted stock units.
- F4. 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.
- F5. 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
Class A Common Stock sold: 20,000 shares
Weighted average sale price: $45.76 per share
Sale price range: $45.71 to $45.85 per share
+3 more
6 metrics
Class A Common Stock sold
20,000 shares
October 29, 2026
Weighted average sale price
$45.76 per share
October 29, 2026
Sale price range
$45.71 to $45.85 per share
Inclusive; October 29, 2026
Reported holdings after sale
828,219 shares
Jonathan Hyman's reported Class A Common Stock holdings
Shares represented by restricted stock units and performance-based restricted stock units
187,184 shares
Of the reported shares
Rule 10b5-1 trading plan adoption date
April 14, 2026
Plan under which the shares were sold
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
"sold pursuant to a Rule 10b5-1 trading plan"
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
"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
"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.
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