Agrawal Neeraj 4
4 · Braze, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Braze (BRZE) Director Neeraj Agrawal Receives RSU Award
What Happened
- Neeraj Agrawal, a director of Braze, Inc. (BRZE), received an award of 7,753 restricted stock units (RSUs) on June 30, 2026. The filing reports an acquisition price of $0.00 (award/grant).
- These RSUs do not vest immediately — they vest on the earlier of June 30, 2027 or the day before Braze’s 2027 annual meeting, and are subject to the Reporting Person’s continued service on the vesting date (see footnote F1). The filing classifies this transaction as an award (code A), which is a compensation grant rather than a market purchase.
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-02 (appears timely under Section 16 reporting rules).
- Amount: 7,753 RSUs; reported price: $0.00.
- Vesting: Earlier of June 30, 2027 or the day prior to the 2027 annual meeting, subject to continued service (footnote F1). Footnote F2 confirms all 7,753 reported shares are RSUs.
- Shares owned after transaction: not specified in this filing.
- Other notable footnotes: F10 indicates certain securities are held in an irrevocable GST trust (spouse is trustee) and the Reporting Person disclaims beneficial ownership except to the extent of pecuniary interest. Footnotes F3–F9 describe securities held by Battery-affiliated investment entities where the Reporting Person is a managing member and disclaims beneficial ownership except for pecuniary interest.
Context
- RSU awards are compensation and typically vest over time; they are not an immediate purchase (less directly informative about personal bullishness than open-market buys).
- The filing shows an award (not a sale or purchase). No cash changed hands at grant; tax withholding or later sales could occur when/if the RSUs vest and convert to shares.
Insider Transaction Report
Form 4
Braze, Inc.BRZE
Agrawal Neeraj
Director
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-30+7,753→ 202,522 total
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] - 388,123(indirect: By Trust)
Class A Common Stock
[F10]
Footnotes (10)
- [F1]The reported securities represent a restricted stock unit ("RSU") award and shall vest on the earlier of (i) June 30, 2027, or (ii) the date immediately preceding the date of the Issuer's 2027 annual meeting of stockholders, in each case subject to the Reporting Person's continuous service on such vesting date.
- [F10]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.
- [F2]Of the reported shares, 7,753 shares are represented by restricted stock units.
- [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/ Nathan Jeffries, Attorney-in-Fact|2026-07-02