v3.24.1.1.u2
Insider Trading Arrangements
3 Months Ended
Apr. 30, 2024
shares
Phillip Fernandez [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On April 7, 2024, Phillip Fernandez, a member of our board of directors, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. The trading plan provides for the sale of, in the aggregate, up to 120,000 shares of our Class A common stock, subject to the satisfaction of specified price conditions. The plan will terminate on July 15, 2025, subject to early termination for certain specified events set forth in the plan.
Name Phillip Fernandez
Title member of our board of directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date April 7, 2024
Arrangement Duration 464 days
Aggregate Available 120,000
Susan Wiseman [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On April 11, 2024, Susan Wiseman, our General Counsel, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. The trading plan provides for the sale of, in the aggregate, up to 185,590 shares of our Class A common stock, subject to the satisfaction of specified price conditions, and all shares received upon the settlement of 29,640 then outstanding restricted stock unit awards during the duration of the plan, excluding any shares withheld or sold by the Company to satisfy its income tax withholding and remittance obligations in connection with the settlement of such equity awards. The plan will terminate on July 15, 2025, subject to early termination for certain specified events set forth in the plan.
Name Susan Wiseman
Title General Counsel
Rule 10b5-1 Arrangement Adopted true
Adoption Date April 11, 2024
Arrangement Duration 460 days
Pankaj Malik [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On April 15, 2024, Pankaj Malik, our Chief Accounting Officer, adjusted the percentage of shares to be sold on his behalf by Braze, Inc. pursuant to the Company’s “sell to cover” program. This “sell to cover” program is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act, and mandates the sale of shares by the Company to satisfy the income tax withholding and remittance obligations of the Company in connection with the vesting and settlement of
restricted stock unit awards issued pursuant to the Company’s equity incentive plans. The Company provides its employees the opportunity to adjust the applicable withholding rate under this “sell to cover” program during the first quarter of each fiscal year.
Name Pankaj Malik
Title Chief Accounting Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date April 15, 2024
Susan Wiseman Trading Arrangement, Common Stock [Member] | Susan Wiseman [Member]  
Trading Arrangements, by Individual  
Aggregate Available 185,590
Susan Wiseman, Trading Arrangement, Restricted Stock Units [Member] | Susan Wiseman [Member]  
Trading Arrangements, by Individual  
Aggregate Available 29,640