Braze, Inc.: chief business officer Malik Astha sold 15,724 shares

What happened

• Malik Astha, chief business officer, sold 15,724 shares in three open-market transactions on Aug 19, 2026 for a total of $464,911 (7,794 shares @ $28.74 = $224,000; 7,530 shares @ $30.36 = $228,611; 400 shares @ $30.75 = $12,300).

Key details

• Transaction dates and prices:
  • Aug 19, 2026: 7,794 shares sold at a weighted average price of $28.74 (prices ranged $28.73 to $29.22).
  • Aug 19, 2026: 7,530 shares sold at a weighted average price of $30.36 (prices ranged $29.73 to $30.72).
  • Aug 19, 2026: 400 shares sold at a weighted average price of $30.75 (prices ranged $30.73 to $30.79).
• Shares owned after the transaction: 242,032 shares of Class A Common Stock beneficially owned following the transaction (prior filings overstated this number and this Form 4 amends that error).
• Holdings composition: Of the reported shares, 230,930 are represented by restricted stock units and performance-based restricted stock units.
• Plan and filing notes: The sales were pursuant to a Rule 10b5-1 trading plan adopted on Apr 15, 2026. This filing is an amendment correcting an overstatement in earlier Form 4 filings. The reporting person will provide, upon request, details on the number of shares sold at each separate price within the ranges disclosed.

Why it may matter

• The filing reports open-market sales executed under a 10b5-1 trading plan; these are not option exercises or gifts.
• A filing does not show why the insider traded or why the company acted.