McDonnell Edward M. 4

What Happened

• Edward M. McDonnell, Chief Revenue Officer of Braze, received a grant of 102,854 restricted stock units (RSUs) on March 18, 2026. The reported acquisition price is $0.00 (an equity award, not an open‑market purchase), so the Form 4 shows $0 cash paid. The RSUs vest in 12 equal quarterly installments, beginning May 15, 2026, subject to continuous service and a two‑year post‑vest holding requirement.

Key Details

• Transaction date: 2026-03-18; Form 4 filed 2026-03-20 (timely).
• Transaction type/code: Award/Grant (A) — RSU grant.
• Shares granted: 102,854 RSUs; reported price $0.00; acquisition value $0.
• Reported holdings note: Footnote indicates 536,708 shares reported are represented by RSUs.
• Vesting: 12 equal quarterly installments; first vesting date May 15, 2026; vesting conditioned on continued service and subject to a two‑year post‑vest holding requirement.
• No indication in the filing of a 10b5‑1 plan, tax withholding on this grant, or a sale of shares in connection with the award.

Context

• RSU grants are a common form of executive compensation and do not represent an immediate market purchase or sale. Because these RSUs are unvested and subject to service and holding restrictions, they limit near‑term liquidity for the insider. The filing is informational and does not by itself indicate a buy/sell signal.