Braze Chief Business Officer Sells 51,440 Shares for $1.4 Million Under Trading Plan

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Summary · why it matters

Braze Chief Business Officer Astha Malik sold 51,440 shares of Class A Common Stock on July 15, 2026, generating gross proceeds of approximately $1.4 million at an execution price of $26.39 per share. The transaction was executed under a Rule 10b5-1 trading plan adopted on October 15, 2025, and represented a 14% reduction in her direct equity holdings. Following the sale, Malik retains direct ownership of 311,794 shares, valued at $8.17 million based on the July 15 closing price of $26.21, and continues to hold derivative securities. The stock had a one-year total return of negative 2% at the time of the sale. In its first quarter of fiscal year 2027, ended April 30, the company reported a 30.2% year-over-year increase in revenue, driven by new customers, upsells, and renewals.

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Cloud & Digital Infrastructure▼ · 1 stocks
Braze Inc
BRZE
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Insider sale of 51,440 shares by CBO under trading plan, reducing holdings by 14%.