A Form 4 filed with the SEC on November 2, 2026 discloses that Jonathan Hyman, Chief Technology Officer of Braze, Inc. (NASDAQ:BRZE), sold 20,000 shares of Class A Common Stock on October 29, 2026 under a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Jonathan Hyman, Chief Technology Officer of Braze, Inc.
  • Transaction: Sale (code S) of 20,000 shares of Class A Common Stock on October 29, 2026
  • Weighted average price: $45.76 per share, with individual sales ranging from $45.71 to $45.85 inclusive
  • Rule 10b5-1 plan: Shares were sold pursuant to a trading plan adopted on April 14, 2026
  • Direct beneficial ownership after transaction: 828,219 shares, of which 187,184 are represented by restricted stock units and performance-based restricted stock units
  • Indirect holdings: 350,000 shares held by a personal trust and 250,000 shares (221,436 plus 28,564) held by a family trust, with shared voting and investment control reported

Hyman's October 2026 Sale Under 10b5-1 Plan

According to the filing, Jonathan Hyman, serving as Chief Technology Officer of Braze, Inc., disposed of 20,000 shares of Class A Common Stock on October 29, 2026. The transaction was executed under a Rule 10b5-1 trading plan that Hyman adopted on April 14, 2026. The filing indicates the form was checked to confirm the transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

The filing reports a weighted average sale price of $45.76 per share. Individual transactions within the sale occurred at prices ranging from $45.71 to $45.85 inclusive. The filing states that Hyman "undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote."

Following the reported sale, the filing discloses that Hyman directly holds 828,219 shares of Class A Common Stock, of which 187,184 are represented by restricted stock units and performance-based restricted stock units. In addition, the filing reports indirect holdings of 350,000 shares held by a personal trust and two indirect positions in a family trust totaling 221,436 and 28,564 shares respectively. For all indirect positions, the filing states that Hyman "shares voting and investment control of the shares and may be deemed to beneficially own the shares." The form was signed by Elizabeth Sweeny as Attorney-in-Fact on November 2, 2026.

What Was Disclosed

The filing discloses a single sale of 20,000 Class A Common Stock shares by Braze CTO Jonathan Hyman on October 29, 2026, at a weighted average price of $45.76, executed under a Rule 10b5-1 plan adopted April 14, 2026, with resulting direct ownership of 828,219 shares.