William Magnuson - Jul 11, 2025 Form 4 Insider Report for Braze, Inc. (BRZE)

Role: Chief Executive Officer, Director
Signature: /s/ Nathan Jeffries, Attorney-in-Fact
Stock symbol: BRZE
Transactions as of: Jul 11, 2025
Transactions value $: $1,895,737
Form type: 4
Date filed: 7/15/2025, 04:07 PM
Previous filing: May 21, 2025
Next filing: Aug 21, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Magnuson William	Chief Executive Officer, Director	C/O BRAZE, INC., 63 MADISON BUILDING, 28 E. 28TH ST., FLOOR 12 MAILROOM, NEW YORK	/s/ Nathan Jeffries, Attorney-in-Fact	2025-07-15	0001888932

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BRZE	Stock Option (Right to Buy)	Options Exercise	$0	-548K	-91.38%	$0.00	51.7K	Jul 11, 2025	Class B Common Stock	548K	$3.46	Direct	F1, F2
transaction	BRZE	Class B Common Stock	Options Exercise	$1.9M	+548K	+16.73%	$3.46	3.82M	Jul 11, 2025	Class A Common Stock	548K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This award is fully vested.
F2	Each share of Class B Common Stock is convertible into one share of Class A Common Stock (A) at any time at the option of the Reporting Person or (B) automatically upon the occurrence of the following: (1) the transfer of such share of Class B Common Stock, except for certain transfers whereby the Reporting Person continues to hold sole voting and dispositive power with respect to each such share, (2) the death of a Class B common stockholder who is a natural person, (3) the last trading day of the fiscal quarter immediately following the fifth anniversary of the Issuer's initial public offering, (4) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B common stock and (5) the last trading day of the fiscal quarter during which the then outstanding shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock.

Content

This award is fully vested.

Each share of Class B Common Stock is convertible into one share of Class A Common Stock (A) at any time at the option of the Reporting Person or (B) automatically upon the occurrence of the following: (1) the transfer of such share of Class B Common Stock, except for certain transfers whereby the Reporting Person continues to hold sole voting and dispositive power with respect to each such share, (2) the death of a Class B common stockholder who is a natural person, (3) the last trading day of the fiscal quarter immediately following the fifth anniversary of the Issuer's initial public offering, (4) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B common stock and (5) the last trading day of the fiscal quarter during which the then outstanding shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock.