Form 4: Braze Inc. Chief Business Officer Astha Malik Reports Stock Sale

Astha Malik, Chief Business Officer of Braze Inc., reports the sale of 13,460 shares of Class A Common Stock to cover tax obligations.

Summary

• On May 19, 2025, Astha Malik, the Chief Business Officer of Braze, Inc., sold 13,460 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $35.88 per share, with individual transactions ranging from $35.77 to $35.88.
• This transaction was part of a non-discretionary sell-to-cover program implemented by Braze, effective November 16, 2021, to cover tax withholding obligations related to the vesting of restricted stock units.
• Following the reported transaction, Malik beneficially owns 258,395 shares, including 222,391 shares represented by restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations.

Industry Context

This filing is a routine disclosure related to executive stock transactions and is common for publicly traded companies. It provides transparency into insider trading activities.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small volume.

Key Dates

Keywords

Form 4, Braze Inc., Stock Sale, Astha Malik, Chief Business Officer, BRZE, Sell-to-Cover, Restricted Stock Units