Form 4: Backblaze CEO Sells Shares
Insider Transaction (Form 4)
Gleb Budman, CEO and Chairperson and a Director of Backblaze, Inc., sold 12,855 shares of common stock on August 20, 2026 for $15.82 per share.
Summary
- Disposition to the issuer: disposed of 11,083 Class A Common Stock at $16.24 ($179,988) on August 20, 2026; holds 2,204,958 after (Direct).
- Open-market sale: disposed of 12,855 Class A Common Stock at $15.82 ($203,366) on August 21, 2026; holds 2,192,103 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $203,366 of stock on the open market.
Insider Transactions
Gleb Budman — Director, Officer (CEO and Chairperson)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-20 | Disposition to the issuer | Class A Common Stock | 11,083 | $16 | $180.0K | 2,204,958 |
| 2026-08-21 | Open-market sale | Class A Common Stock | 12,855 | $16 | $203.4K | 2,192,103 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-20 | Disposition to the issuer (11,083 shares) |
| 2026-08-21 | Open-market sale (12,855 shares) |
Keywords
insider transaction, Form 4, BLZE, Backblaze, Inc., bearish, Gleb Budman
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