FERNANDEZ PHILLIP M 4

What Happened
Phillip M. Fernandez, a director of Braze, Inc. (BRZE), received a grant of 7,753 restricted stock units (RSUs) on June 30, 2026. The filing reports an acquisition at $0.00 per share (typical for RSU awards); total acquisition value on the form is listed as $0 because these are compensation awards, not open-market purchases.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02. No late filing is indicated in the filing provided.
• Award: 7,753 RSUs (reported as an award/acquisition, code "A"). Price per share reported: $0.00; reported value: $0.
• Vesting: RSUs vest on the earlier of (i) June 30, 2027, or (ii) the day before Braze’s 2027 annual meeting of stockholders, subject to Fernandez’s continuous service on the vesting date (Footnote F1).
• Footnote F2 confirms all 7,753 reported shares are RSUs.
• Shares owned after transaction: not specified in the summary data provided.

Context
RSU grants are compensation and typically subject to vesting conditions; they do not represent an immediate cash purchase or sale. Because these units vest in the future (subject to continued service), they are common director compensation and should be interpreted as compensation disclosure rather than a direct market sentiment signal. If and when RSUs vest and convert to common shares, future filings (or any sale) will show any subsequent transactions.