Wiseman Susan 4

What Happened

• Susan Wiseman, General Counsel of Braze, received an award of 34,560 shares reported as a grant of performance-based restricted stock units (PSUs) on March 18, 2026. The reported acquisition price is $0.00 (compensation award), so there was no cash purchase.

Key Details

• Transaction date and type: 2026-03-18 — Award/Grant (code A) of 34,560 shares at $0.00.
• Filing date: Form 4 filed 2026-03-20 (filed within the typical two-business-day window).
• Shares reported as restricted units: Filing notes 103,517 shares are represented by restricted stock units (RSUs) and PSUs.
• Footnote highlights:
  • F1: These 34,560 shares are PSUs earned after the Compensation Committee certified performance goals were met on Mar 18, 2026. Vesting: one-third vests on May 15, 2026; the remaining two-thirds vest in eight equal quarterly installments over the next two years, subject to continued service.
  • F2: Confirms 103,517 of the reported holdings are RSUs/PSUs.

Context

• This was a compensation award (not an open-market purchase or sale). Awards and vesting of RSUs/PSUs are common executive compensation events and do not by themselves signal a buy/sell decision by the insider.
• The PSUs vested based on performance certification; actual share receipt and final ownership depend on continued service and future vesting installments.