Braze (BRZE) Director Neeraj Agrawal Gifts 500,000 Shares

What Happened

• Neeraj Agrawal, a director of Braze, reported a gift of 500,000 shares of Braze common stock on 2026-06-05. The transaction is reported at $0.00 per share (gift), so no sale proceeds were received.

Key Details

• Transaction date and type: 2026-06-05 — Gift (code G).
• Shares transferred: 500,000. Reported price: $0.00 per share; total reported value $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes of note:
  • F1: The filing states the transfer represents gifts of shares for estate-planning purposes (not a sale).
  • F2: Some securities are held by an irrevocable GST trust with the reporting person's spouse as trustee; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Timeliness: Transaction period 2026-06-05, Form 4 filed 2026-06-09 — this meets the typical two-business-day filing requirement (timely).

Context

• Gifts are estate-planning transfers and do not indicate a straightforward buy/sell signal about the insider’s view of the company’s stock. They are not purchases (which are often seen as more bullish) nor sales for cash proceeds.