Carter Miller Jocelyn 4

What Happened

• Carter Miller Jocelyn, a director of Backblaze, was granted 19,306 restricted stock units (RSUs) on 2026-05-26. The Form 4 reports an acquisition type "A" at $0.00 per share (total reported value $0) because these are contingent RSU awards, not an open‑market purchase.

Key Details

• Transaction date: 2026-05-26; Form 4 filed 2026-06-01.
• Grant: 19,306 RSUs, reported acquisition price $0.00 (Type A — award/grant).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: RSUs convert to one share of Class A common stock per RSU upon vesting. Vesting occurs on the earlier of (A) the issuer’s next Annual Meeting of Stockholders or (B) one year after the grant, provided continuous service through the vesting date.
• Timeliness: The Form 4 was filed six days after the transaction date, which is later than the typical two-business-day filing requirement for Form 4s (this may indicate a late filing).

Context

• RSU grants are compensation awards that do not involve immediate cash outlay or open‑market buying/selling; they vest only if service conditions are met. Such awards are common for directors and reflect compensation rather than an immediate market bet by the insider.