Backblaze (BLZE) Director D An Evelyn Receives 19,306 RSUs

What Happened

• D An Evelyn, a director of Backblaze, was granted 19,306 restricted stock units (RSUs) on May 26, 2026. The RSUs were awarded at $0.00 (no cash exchanged) and represent a contingent right to receive one share of Class A common stock per RSU when they vest. This is an award/grant (not a purchase or sale).

Key Details

• Transaction date and price: May 26, 2026; 19,306 RSUs granted at $0.00 per RSU.
• Shares owned after transaction: Not specified in the filing.
• Vesting and conditions: Per the filing footnote, the RSUs vest based on continued service — on the earlier of the issuer’s next annual meeting or one year from grant, provided the director remains in continuous service.
• Filing timing: Form 4 was filed on June 1, 2026 reporting the May 26 grant (filed beyond the typical 2-business‑day Form 4 window).

Context

• RSUs are a form of compensation that convert to shares upon vesting; they do not indicate a cash purchase or immediate sale. Such director awards are common as part of routine compensation and primarily reflect compensation policy rather than a direct market signal.