Braze (NASDAQ: BRZE) CAO has 2,121 shares withheld for taxes
Rhea-AI Filing Summary
Braze, Inc. (BRZE) reported an insider equity withholding by Chief Accounting Officer Pankaj Malik86,735 shares, including 53,090 shares represented by restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,121 shares
Net Sell
1 txn
Insider
Malik Pankaj
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 2,121 | $28.93 | $61K |
Holdings After Transaction:
Class A Common Stock — 86,735 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, 53,090 shares are represented by restricted stock units.
Key Figures
Shares withheld for taxes: 2,121 shares
Withholding price per share: $28.93 per share
Shares held after transaction: 86,735 shares
+1 more
4 metrics
Shares withheld for taxes
2,121 shares
Shares of Class A Common Stock withheld on 2026-08-17 to satisfy tax withholding obligations
Withholding price per share
$28.93 per share
Valuation used for the 2,121 shares withheld for tax withholding obligations
Shares held after transaction
86,735 shares
Direct Class A Common Stock holdings of Pankaj Malik following the transaction
Shares represented by RSUs
53,090 shares
Portion of Malik’s reported holdings represented by restricted stock units
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock, Payment of tax liability by delivering or withholding securities
4 terms
restricted stock units financial
"Of the reported shares, 53,090 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
"Represents 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.
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: "Payment of tax liability by delivering or withholding securities""
FAQ
What insider transaction did Braze, Inc. (BRZE) report for Pankaj Malik?
Braze, Inc. reported that Chief Accounting Officer Pankaj Malik had 2,121 shares of Class A Common Stock withheld on 2026-08-17. These shares were used to cover tax withholding obligations arising from vesting and settlement of equity awards.
Was the Braze (BRZE) insider transaction a market sale or tax withholding?
The 2,121-share transaction for Braze CAO Pankaj Malik was a tax-withholding disposition, not an open-market sale. Shares were withheld to satisfy tax obligations upon vesting and settlement of underlying equity awards.
What Form 4 transaction code was used for Braze (BRZE) CAO Pankaj Malik’s filing?
The filing for Braze CAO Pankaj Malik used transaction code F, indicating payment of tax liability by delivering or withholding securities. This code reflects shares withheld rather than shares sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
