Form 4: Braze Director Yvonne Wassenaar Granted Restricted Stock Units

Braze, Inc. Director Yvonne Wassenaar was granted 5,033 shares of Class A Common Stock in the form of Restricted Stock Units, increasing her beneficial ownership to 10,760 shares.

Summary

• Braze, Inc. Director Yvonne Wassenaar was granted 5,033 shares of Class A Common Stock.
• The shares were granted as a Restricted Stock Unit (RSU) award.
• The transaction date for this grant was June 26, 2025.
• The RSUs were granted at a price of $0, which is typical for equity compensation awards.
• Following this transaction, Yvonne Wassenaar's total beneficial ownership of Class A Common Stock is 10,760 shares.
• The RSUs are subject to vesting on the earlier of June 26, 2026, or the date immediately preceding the Issuer's 2026 annual meeting of stockholders.
• Vesting is contingent upon the Reporting Person's continuous service to the company.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates continued alignment of a director's interests with shareholders through equity compensation, which is a routine and generally positive event for corporate governance.

Positives

• The grant of Restricted Stock Units to a director increases their equity stake in the company, further aligning their interests with those of shareholders.
• Equity compensation is a standard practice for retaining and incentivizing key personnel, including directors.

Risks

• The vesting of the Restricted Stock Units is subject to the Reporting Person's continuous service, meaning the shares could be forfeited if service is terminated before the vesting date.

Future Outlook

The document indicates a future vesting event for the granted Restricted Stock Units, which are scheduled to vest on the earlier of June 26, 2026, or the date immediately preceding the Issuer's 2026 annual meeting of stockholders, contingent on continuous service.

Related Party Transactions

• The grant of 5,033 Restricted Stock Units to Director Yvonne Wassenaar constitutes a related party transaction as it involves compensation from the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The grant increases Director Yvonne Wassenaar's equity stake, fostering greater alignment between her interests and those of the shareholders, potentially leading to decisions that enhance long-term shareholder value.

Next Steps

• Vesting of the 5,033 Restricted Stock Units on the earlier of June 26, 2026, or the date immediately preceding the Issuer's 2026 annual meeting of stockholders, subject to continuous service.

Key Dates

Keywords

Braze, BRZE, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Beneficial Ownership