Machado Fernando 4

What Happened

• Fernando Machado, a director of Braze, was granted 7,753 restricted stock units (RSUs) on 2026-06-30. The Form 4 reports an acquisition at $0.00 (total reported value $0). This is an equity compensation award (not a purchase or sale) and does not reflect an immediate market transaction.

Key Details

• Transaction date: 2026-06-30; Form 4 filed 2026-07-02.
• Transaction type/code: A (award/acquisition); 7,753 RSUs acquired at $0.00.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnotes: F1 — RSUs vest on the earlier of (i) June 30, 2027 or (ii) the day before Braze’s 2027 annual meeting, contingent on continuous service. F2 — confirms the 7,753 reported shares are RSUs.
• Filing timeliness: filed July 2, 2026; this appears to be within the typical Form 4 reporting window (no late filing indicated in the supplied data).

Context

• RSUs convert into common shares only upon vesting; recipients do not receive tradable shares immediately. Such grants are routine executive/director compensation and should be viewed as part of pay, not an explicit buy or sell signal. The $0 amount on the Form 4 reflects that the award is a non-cash grant; fair value and tax implications are typically reported elsewhere (e.g., proxy statements or the company’s equity compensation disclosures).