RSU grant boosts Braze (BRZE) Chief Accounting Officer’s share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Malik Pankaj reported acquisition or exercise transactions in this Form 4 filing.
Braze, Inc. reported that Chief Accounting Officer Pankaj Malik received a grant of 40,298 shares of Class A Common Stock in the form of restricted stock units. These RSUs vest in 16 equal quarterly installments starting on May 15, 2026, contingent on continued service, increasing his direct holdings to 90,977 shares, including 64,839 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Malik Pankaj
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 40,298 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 90,977 shares (Direct)
Footnotes (1)
- These shares represent a restricted stock unit ("RSU") award, which shall vest in 16 equal quarterly installments with the first vesting date being May 15, 2026. The vesting of the RSUs are subject to the Reporting Person's continuous service through such vesting date. Of the reported shares, 64,839 shares are represented by restricted stock units
FAQ
What insider transaction did Braze (BRZE) disclose for Pankaj Malik?
Braze reported that Chief Accounting Officer Pankaj Malik received a grant of 40,298 restricted stock units (RSUs) of Class A Common Stock. This is a compensation-related award, not an open-market purchase or sale, and was reported as an acquisition on a Form 4 filing.
How do Pankaj Malik’s RSUs at Braze (BRZE) vest over time?
The new Braze RSU award to Pankaj Malik vests in 16 equal quarterly installments. The first vesting date is May 15, 2026, and each installment requires his continuous service through the applicable vesting date to actually receive the underlying shares.
Was the Braze (BRZE) Form 4 transaction a market buy or sell?
The Braze Form 4 for Pankaj Malik reflects a grant/award acquisition coded as “A,” not a market trade. He did not buy or sell shares in the open market; instead, he received restricted stock units as part of his compensation package.
What conditions apply to Pankaj Malik’s Braze (BRZE) RSU award?
The RSU award to Pankaj Malik is subject to a continuous service requirement. The 40,298 RSUs will vest in 16 quarterly installments beginning May 15, 2026, and any unvested units are typically forfeited if service ends before the relevant vesting date.
Does the Braze (BRZE) Form 4 show any derivative securities for Pankaj Malik?
This Form 4 focuses on non-derivative Class A Common Stock in the form of RSUs. The derivative section is empty, indicating no options or other derivative positions were newly reported in this particular filing beyond the restricted stock unit award described.