Hyman Jonathan 4

What Happened

• Jonathan Hyman, Chief Technology Officer of Braze, sold 7,391 shares on February 18, 2026 at $16.93 per share, generating gross proceeds of $125,130. The sale was executed as part of a sell-to-cover arrangement to satisfy tax withholding related to the vesting of restricted stock units (RSUs).

Key Details

• Transaction date and price: 2026-02-18 — 7,391 shares at $16.93 each (total $125,130).
• Reason/footnote: Sale effected under a non-discretionary sell-to-cover program implemented by the company (effective 11/16/2021; last modified 4/30/2023) to cover tax withholding on RSU vesting (F1).
• RSU holdings: 112,571 of the reported shares are represented by restricted stock units (F2).
• Ownership vehicle: Securities are held by a family trust; Hyman shares voting and investment control and may be deemed the beneficial owner (F3).
• Filing timeliness: Reported for period 2026-02-18 and filed 2026-02-20 — appears timely (Form 4 due within 2 business days).

Context

• This was a sale tied to tax withholding from RSU vesting (routine administrative transaction) rather than an independent open-market investment decision. Such sell-to-cover transactions are common when equity awards vest and do not necessarily signal executive sentiment about the company.