Braze director trust converts 62,562 Class B to Class A
Braze, Inc. reported an insider-related share conversion tied to director Tara Walpert Levy.
Rhea-AI Filing Summary
Braze, Inc. reported an insider-related share conversion tied to director Tara Walpert Levy. On January 30, 2026, 62,562 shares of Class B common stock held through a family trust automatically converted into 62,562 shares of Class A common stock at a price of $0 per share under the company’s amended and restated certificate of incorporation.
The filing shows 62,562 Class A shares held indirectly via the family trust and 94,240 Class A shares held directly, of which 5,033 shares are restricted stock units. The reporting person shares voting and investment control over the trust holdings and disclaims beneficial ownership beyond her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 62,562 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 62,562 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Effective January 30, 2026, per the amended and restated certificate of incorporation, all outstanding shares of the Issuer's Class B common stock automatically converted into shares of Issuer's Class A common stock without any actions of the holder.
- F2. The securities are held by a family trust, of which the reporting person's spouse is the trustee. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her proportionate pecuniary interest therein.
- F3. Of the reported shares, 5,033 shares are represented by restricted stock units.
FAQ
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What insider transaction did Braze (BRZE) disclose for Tara Walpert Levy?
What does the restricted stock unit disclosure mean for Braze (BRZE)?
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