Jonathan Hyman, Chief Technology Officer of Braze, Inc. (NASDAQ:BRZE), filed a Form 4 on August 21, 2026, reporting the disposal of 9,413 shares of Class A Common Stock on August 19, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Total shares sold: 9,413 shares of Class A Common Stock were disposed of on August 19, 2026, across three separate transactions.
  • Sale prices: Transactions were executed at weighted average prices of $28.77, $30.37, and $30.75 per share, with individual prices ranging across each tranche.
  • Trading plan: All sales were made pursuant to a Rule 10b5-1 trading plan adopted on April 14, 2026.
  • Direct holdings after sales: Hyman directly held 1,195,219 shares of Class A Common Stock following the reported transactions, of which 225,596 shares are represented by restricted stock units and performance-based restricted stock units.
  • Indirect holdings: An additional 350,000 shares are held through a personal trust, and 221,436 and 28,564 shares are held through a family trust, all reported as indirect beneficial ownership.
  • Signing: The form was signed by Elizabeth Sweeny as Attorney-in-Fact on August 21, 2026.

Details of Hyman's August 2026 Share Disposals at Braze

According to the filing, Hyman's three disposals on August 19, 2026, were structured as follows: 2,288 shares sold at a weighted average price of $28.77 (with individual transaction prices ranging from $28.73 to $29.23 inclusive); 6,925 shares sold at a weighted average price of $30.37 (with prices ranging from $29.74 to $30.73 inclusive); and 200 shares sold at a weighted average price of $30.75 (with prices ranging from $30.74 to $30.76 inclusive). The filing notes that weighted average prices are reported for each tranche, and that full details of the number of shares sold at each individual price within each range are available upon request to the issuer, any security holder, or SEC staff.

The filing also discloses Hyman's indirect beneficial ownership positions. A personal trust holds 350,000 shares, for which the filing states, according to footnote 6, that "the Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares." A family trust holds a combined total reported across two lines: 221,436 shares and 28,564 shares, with the same language applied per footnote 7. Braze, Inc. is a customer engagement platform company whose Class A Common Stock is listed on NASDAQ under the symbol BRZE. Hyman's role as Chief Technology Officer is stated in the filing.

All sales were conducted under a Rule 10b5-1 trading plan that the filing states was adopted on April 14, 2026. Such plans are established in advance and are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), as indicated by the checked box on the filing's cover. The filing was submitted by one reporting person and was not an amendment to a prior filing.

What Was Disclosed

The Form 4 filed August 21, 2026, reports the disposal of 9,413 shares of Braze Class A Common Stock by CTO Jonathan Hyman on August 19, 2026, under a pre-established 10b5-1 plan, along with his resulting direct and indirect beneficial ownership positions.