Agrawal Neeraj 4

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.