Braze (BRZE) CRO has 92,970 shares withheld to cover taxes
Rhea-AI Filing Summary
Braze, Inc. (BRZE) reported that Chief Revenue Officer Edward M. McDonnell had 92,970 shares of Class A common stock withheld on 2026-08-17 to satisfy tax withholding obligations upon vesting and settlement of equity awards. Following this tax-withholding disposition, he holds 439,362 shares directly, including 390,104 shares represented by restricted stock units.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 92,970 shares
Net Sell
1 txn
Insider
McDonnell Edward M.
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 92,970 | $28.93 | $2.69M |
Holdings After Transaction:
Class A Common Stock — 439,362 shares (Direct)
Footnotes (2)
- F1. Represents shares withheld to satisfy the reporting person's tax withholding obligations upon vesting and settlement of the underlying equity awards.
- F2. Of the reported shares, 390,104 shares are represented by restricted stock units.
Key Figures
Shares withheld for taxes: 92,970 shares
Per-share value for tax withholding: $28.93 per share
Shares held after transaction: 439,362 shares
+1 more
4 metrics
Shares withheld for taxes
92,970 shares
Class A Common Stock withheld on 2026-08-17 for tax withholding obligations
Per-share value for tax withholding
$28.93 per share
Value applied to the 92,970 BRZE shares withheld for tax obligations
Shares held after transaction
439,362 shares
Direct holdings of Edward M. McDonnell following the 2026-08-17 transaction
Holdings represented by RSUs
390,104 shares
Portion of post-transaction holdings represented by restricted stock units
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock
3 terms
restricted stock units financial
"Of the reported shares, 390,104 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.
tax withholding obligations financial
"shares withheld to satisfy the reporting person's tax withholding obligations"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did BRZE executive Edward M. McDonnell report on August 17, 2026?
Edward M. McDonnell reported a tax-withholding disposition of 92,970 BRZE shares on 2026-08-17. The shares were withheld to satisfy his tax obligations upon vesting and settlement of underlying equity awards, not as an open-market sale.
Was the August 17, 2026 BRZE Form 4 transaction an open-market sale?
No. The Form 4 states the 92,970 BRZE shares were withheld to pay tax liabilities on vesting equity awards. The code F transaction reflects shares delivered or withheld for tax withholding, rather than a discretionary open-market sale.
What does transaction code F mean in the BRZE Form 4 for Edward M. McDonnell?
Transaction code F indicates payment of a tax liability by delivering or withholding securities. The Form 4 footnote clarifies that the 92,970 BRZE shares were withheld specifically to cover Edward M. McDonnell’s tax withholding obligations upon vesting of equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.