NELSON BARBARA H 4

What Happened
Barbara H. Nelson, a director of Backblaze, was granted 19,306 restricted stock units (RSUs) on May 26, 2026. The Form 4 reports the RSUs as an award/acquisition at $0.00 (no cash paid at grant). Each RSU is a contingent right to receive one share of Class A common stock if and when the RSUs vest.

Key Details

• Transaction date: 2026-05-26; filing date: 2026-06-01 (filing appears late relative to the two-business-day Form 4 deadline).
• Grant: 19,306 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs vest based on service — earlier of (A) the issuer’s next Annual Meeting of Stockholders or (B) one-year anniversary of grant — provided continuous service through vesting.
• Transaction code: A (award/grant). No 10b5-1, tax-withholding, or immediate sale noted.

Context
RSUs are contingent awards that convert to actual shares only upon vesting; they are not an immediate purchase or sale and therefore do not necessarily indicate a near-term trading signal. Because the filing was submitted on June 1 while the grant occurred May 26, the report appears to have missed the typical two-business-day filing window.