Braze, Inc.·4

Jun 2, 4:21 PM ET

Lal Christopher M. 4

Research Summary

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Braze (BRZE) General Counsel Christopher Lal Receives RSU Award

What Happened

  • Christopher M. Lal, General Counsel & Corporate Secretary of Braze, was granted 230,184 restricted stock units (RSUs) on 2026-05-29. The reported acquisition price is $0.00 (an award, not an open-market purchase or sale).

Key Details

  • Transaction date and type: 2026-05-29 — Award/Grant (code A) of 230,184 RSUs at $0.00.
  • Report filed: 2026-06-02 with accession 0001426395-26-000004; filing appears timely given the holiday-adjusted business-day window.
  • Shares owned after transaction: Not specified in the Form 4 filing.
  • Footnote (vesting): RSUs vest over three years — 40% on May 15, 2027; 35% in equal quarterly installments through May 15, 2028; remaining shares vest in equal quarterly installments thereafter. Vesting is subject to continuous service.

Context

  • This was an equity award (compensation), not a purchase or sale. RSU grants are common for employee incentives and do not necessarily indicate a near-term buy/sell decision. The filing provides the vesting schedule and service condition but does not disclose Lal’s total post-grant holdings.