Braze (BRZE) CTO sells 42k shares under preset plan on Aug. 27
Rhea-AI Filing Summary
Braze, Inc. (BRZE) reported that Chief Technology Officer Jonathan Hyman sold a total of 42,000 shares of Class A common stock on August 27, 2026 in open-market transactions under a Rule 10b5-1 trading plan adopted on April 14, 2026. The sales consisted of 32,680 shares at a weighted average price of $32.28 (within a $32.00–$32.96 range) and 9,320 shares at a weighted average price of $33.12 (within a $33.00–$33.31 range). A portion of Hyman’s reported holdings, 225,596 shares, is represented by restricted stock units and performance-based restricted stock units, and additional shares are held indirectly through personal and family trusts over which he shares voting and investment control.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 42,000 shares
Net Sell
5 txns
Insider
Hyman Jonathan
Role
Chief Technology Officer
Sold
42,000 shs ($1.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 32,680 | $32.28 | $1.05M |
| Sale | Class A Common Stock F1, F4, F3 | 9,320 | $33.12 | $309K |
| holding | Class A Common Stock F5 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,143,219 shares (Direct);
Class A Common Stock — 600,000 shares (Indirect, See footnote)
Footnotes (6)
- 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 $32.00 to $32.96 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 $33.00 to $33.31 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 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.
- F6. 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
Shares sold (first transaction): 32,680 shares
Weighted average price (first transaction): $32.28 per share
Shares sold (second transaction): 9,320 shares
+4 more
7 metrics
Shares sold (first transaction)
32,680 shares
Class A Common Stock sold on August 27, 2026
Weighted average price (first transaction)
$32.28 per share
Within a $32.00–$32.96 range on August 27, 2026
Shares sold (second transaction)
9,320 shares
Class A Common Stock sold on August 27, 2026
Weighted average price (second transaction)
$33.12 per share
Within a $33.00–$33.31 range on August 27, 2026
Total shares sold
42,000 shares
Aggregate net shares sold by Jonathan Hyman in this filing
RSUs and PSUs represented in holdings
225,596 shares
Portion of Hyman’s reported shares represented by restricted and performance-based units
Rule 10b5-1 plan adoption date
April 14, 2026
Date Hyman’s trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, restricted stock units, performance-based restricted stock units, beneficially own, +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.
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.
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.
FAQ
What insider transaction did BRZE report for Jonathan Hyman on August 27, 2026?
Jonathan Hyman, Braze’s Chief Technology Officer, reported selling 42,000 shares of Class A common stock on August 27, 2026 in open-market transactions under a Rule 10b5-1 trading plan.
At what prices did Jonathan Hyman sell BRZE Class A common stock?
Hyman sold 32,680 shares at a weighted average price of $32.28 within a $32.00–$32.96 range and 9,320 shares at a weighted average price of $33.12 within a $33.00–$33.31 range.
Was the August 27, 2026 BRZE insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on April 14, 2026, indicating the trades were pre-arranged under that plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
