Key facts
- This page summarizes Phillip M. Fernandez's Form 4 filing for Braze, Inc. (BRZE).
- 5 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 01 Apr 2025, 16:20.
Phillip M. Fernandez - 28 Mar 2025 Form 4 Insider Report for Braze, Inc. (BRZE)
- Reporting relationship
- Director
- Issuer ticker
- BRZE
- Reported as of
- 28 Mar 2025
- Net transaction value
- -$56,445
- SEC form
- 4
- Accepted by SEC
- 01 Apr 2025, 16:20:02 UTC
- Prior SEC filing
- 20 Feb 2025
- Next SEC filing
- 27 Jun 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Susan Wiseman, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Phillip M. Fernandez filed Form 4 for Braze, Inc. (BRZE) on 01 Apr 2025.
Change
- Previous filing in this sequence was filed on 20 Feb 2025.
- Current net transaction value: -$56,445.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BRZE
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,500
- Change %
- +9.8%
- Price
- Shares after
- 16,769
- Date
- 28 Mar 2025
- Ownership
- Direct
- Footnotes
- F1, F2
BRZE
transaction
Class A Common Stock
Sale
- Transaction value
- $62,190
- Shares
- -1,500
- Change %
- -8.9%
- Price
- $41.46
- Shares after
- 15,269
- Date
- 28 Mar 2025
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BRZE
transaction
Derivative
Stock Option (Right to Buy)
Options Exercise
- Transaction value
- $0
- Shares
- -1,500
- Change %
- -1%
- Price
- $0.000000
- Shares after
- 145,692
- Date
- 28 Mar 2025
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 1,500
- Exercise price
- $3.83
- Footnotes
- F1, F4
BRZE
transaction
Derivative
Class B Common Stock
Options Exercise
- Transaction value
- $5,745
- Shares
- +1,500
- Change %
- Price
- $3.83
- Shares after
- 1,500
- Date
- 28 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,500
- Exercise price
- Footnotes
- F1
BRZE
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,500
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 28 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,500
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 4 footnotes
Footnote F1
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.
Footnote F2
Of the reported shares, 4,213 shares are represented by restricted stock units.
Footnote F3
Shares were sold pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2024.
Footnote F4
This award is fully vested.