Agrawal Neeraj 4
4 · Braze, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
Form 4
Braze, Inc.BRZE
Agrawal Neeraj
Director
Transactions
- Gift
Class A Common Stock
[F1][F2]2026-06-05−500,000→ 388,123 total(indirect: By Trust)
Holdings
- 33,116(indirect: By LLC)
Class A Common Stock
[F3] - 714,569(indirect: By Battery Ventures XI-A, L.P.)
Class A Common Stock
[F4] - 188,805(indirect: By Battery Ventures XI-B, L.P.)
Class A Common Stock
[F5] - 742,400(indirect: By Battery Ventures XI-A Side Fund, L.P.)
Class A Common Stock
[F6] - 160,974(indirect: By Battery Ventures XI-B Side Fund, L.P.)
Class A Common Stock
[F7] - 250,958(indirect: By Battery Investment Partners Select Fund I, L.P.)
Class A Common Stock
[F8] - 2,537,467(indirect: By Battery Ventures Select Fund I, L.P.)
Class A Common Stock
[F9] - 194,769
Class A Common Stock
Footnotes (9)
- [F1]Represents gifts of shares for estate planning purposes, and not the sale of securities.
- [F2]Securities are held by an irrevocable GST trust, of which the Reporting Person's spouse is a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.
- [F3]Securities are held by Battery Investment Partners XI, LLC ("BIP XI"). The sole managing member of BIP XI is Battery Partners XI, LLC ("BP XI"). The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F4]Securities are held by Battery Ventures XI-A, L.P. ("BV XI-A"). The sole general partner of BV XI-A is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F5]Securities are held by Battery Ventures XI-B, L.P. ("BV XI-B"). The sole general partner of BV XI-B is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F6]Securities are held by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF"). The sole general partner of BV XI-A SF is Battery Partners XI Side Fund, LLC ("BP XI SF"). The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F7]Securities are held by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF"). The sole general partner of BV XI-B SF is BP XI SF. The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F8]Securities are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I GP"). The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- [F9]Securities are held by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. ("BP Select I"). The general partner of BP Select I is BP Select I GP. The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over theses securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
Signature
/s/ Christopher Schiavo, as Attorney-in-Fact for Neeraj Agrawal|2026-06-09