BRZE.NASDAQBraze, INC

Form 4: Braze Inc. Director Neeraj Agrawal Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Neeraj Agrawal, a director at Braze Inc., filed a Form 4 disclosing a transaction involving Class A Common Stock on April 14, 2025.

Summary

  • On April 14, 2025, Neeraj Agrawal, a director of Braze Inc., reported a transaction involving Class A Common Stock.
  • Agrawal contributed 216,922 shares to the Neeraj Agrawal Irrevocable GST Trust of 2013 in exchange for cash and securities of equivalent value.
  • Following the reported transaction, Agrawal directly owns 15,269 shares and indirectly owns a significant number of shares through various entities including trusts and Battery Ventures funds.
  • Agrawal disclaims beneficial ownership of shares held by these entities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting a standard transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders as it reflects an insider's portfolio adjustments.

Key Dates

DateDescription
04/14/2025Date of transaction involving Class A Common Stock
04/16/2025Date of signature for the Form 4 filing

Keywords

Form 4, Beneficial Ownership, Braze Inc., Neeraj Agrawal, Class A Common Stock, Battery Ventures, Director

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.