Braze, Inc. SEC Filings

Form 144 notice for Braze, Inc. (BRZE) reports a proposed sale of 3,270 common shares through Morgan Stanley Smith Barney LLC on 09/05/2025 with an aggregate market value of $90,448.20. The shares were acquired on 08/15/2025 as Restricted Stock Units issued by the company and are noted as paid on 08/15/2025. The filing lists two prior sales by Astha Malik during the past three months: 13,049 shares sold on 08/19/2025 for $338,491.06 and 9,001 shares sold under a 10b5-1 plan on 07/28/2025 for $270,150.18. The filer certifies no undisclosed material adverse information and includes the standard Rule 10b5-1 representation language.

Braze, Inc. disclosed that on September 4, 2025 it issued a press release announcing its financial results for the second fiscal quarter ended July 31, 2025. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference. The company clarifies that the Item 2.02/Item 9.01 information, including Exhibit 99.1, is not "filed" under Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.

Insider grant of 433,854 RSUs to Braze CRO Edward M. McDonnell

Edward M. McDonnell, Chief Revenue Officer and officer of Braze, Inc. (BRZE), was granted 433,854 restricted stock units on 08/19/2025. The award has a four-year vesting schedule: 40% vests on August 15, 2026, with the remainder vesting in equal quarterly installments thereafter, conditioned on the reporting person's continuous service. The reported grant price is $0, indicating a compensatory RSU award rather than a cash purchase. The Form 4 was filed jointly by one reporting person and signed by an attorney-in-fact on 08/21/2025.

Malik Pankaj, Chief Accounting Officer of Braze, Inc. (BRZE), reported a sale of 2,344 shares of Class A common stock on 08/19/2025 at a price of $25.94 per share. The filing states the sale was effected under the company’s non-discretionary sell-to-cover program, implemented November 16, 2021 and last modified April 15, 2024, to satisfy tax withholding on vested restricted stock units. After the transaction, the reporting person beneficially owned 66,930 shares, of which 37,756 are represented by restricted stock units. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Insider sale by Braze Chief Business Officer. Malik Astha, Chief Business Officer of Braze, Inc. (BRZE), reported a sale of 13,049 shares of Class A common stock on 08/19/2025 at $25.94 per share under a pre-established non-discretionary sell-to-cover plan used to satisfy tax withholding on vested restricted stock units. After the transaction the filing shows beneficial ownership of 236,930 shares, of which 196,263 are represented by restricted stock units. The Form 4 was signed by an attorney-in-fact on 08/21/2025. The filing discloses no options, warrants, or other derivative transactions.

Susan Wiseman, General Counsel of Braze, Inc. (BRZE), reported two insider sales of Class A common stock. On 08/19/2025 she sold 4,988 shares at a weighted average price of $25.94 under a non-discretionary sell-to-cover program used to satisfy tax withholding on vested restricted stock units. On 08/20/2025 she sold 4,943 shares at a weighted average price of $25.14 under a Rule 10b5-1 trading plan adopted April 14, 2025. After the reported sales her beneficial ownership decreased from 234,667 shares to 229,724 shares; 88,817 of the reported shares remain represented by restricted stock units.

Braze, Inc. (BRZE) Chief Technology Officer Jonathan Hyman reported a sale of 8,918 shares of Class A common stock on 08/19/2025 at a price of $25.94 per share. The filing states the sale was effected under a non-discretionary sell-to-cover program implemented by the company to satisfy tax withholding obligations related to vesting restricted stock units.

After the transaction Hyman beneficially owns 205,106 shares, of which 145,359 are represented by restricted stock units. The Form 4 was signed by an attorney-in-fact on 08/21/2025.

Isabelle Winkles, Chief Financial Officer of Braze, Inc. (BRZE), sold 11,316 shares of Class A common stock on 08/19/2025 at $25.94 per share under a non-discretionary sell-to-cover program to satisfy tax withholding on vested restricted stock units. After the sale, the filing reports the reporting person beneficially owns 267,550 shares, of which 195,217 shares are represented by restricted stock units. The Form 4 was signed by an attorney-in-fact on 08/21/2025.

Braze insider sale by CEO/director William Magnuson. The Form 4 shows that on 08/19/2025 Magnuson executed a sale of 24,325 shares of Class A common stock at $25.94 per share under a non-discretionary sell-to-cover plan used to satisfy tax withholding on vested restricted stock units. After the transaction he is reported to beneficially own 721,444 Class A shares (including 416,772 represented by restricted stock units) and an additional 470 shares held indirectly through an LLC. The reporting person is identified as the company’s Chief Executive Officer and a director. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/21/2025.