The insider sales are trivial relative to market cap and carry no meaningful signal. Monitor next quarterly filing for any fundamental changes, but no immediate trading action is warranted based on this cluster alone.
Price Chart
Executive Summary
Two C-suite insiders at Braze (CTO and CBO) sold a combined ~$1.28M in open-market stock over a week, with the CTO alone selling $1.05M. The cluster is modest at ~0.03% of market cap, and the C-suite weighting amplifies the signal slightly, but the dollar value is too small relative to the $3.8B market cap to be material. The sales are likely liquidity-driven or part of routine portfolio rebalancing, not a bearish signal on fundamentals.
Key Financial Metrics
Key Facts
- CTO Jonathan Hyman sold 35,000 shares for ~$1.05M on 2026-08-13
- CBO Astha Malik sold 7,500 shares for ~$229K on 2026-08-19
- Total open-market sales of ~$1.28M represent ~0.03% of BRZE's $3.8B market cap
- No insider open-market purchases in the cluster
- Tax-withholding transactions on 2026-08-17 (CEO, CRO, CTO, CBO, CAO) are non-cash events and do not affect sentiment
Financial Impact
~$1.28M in insider sales, ~0.03% of market cap
Risk Factors
- Insider sales could accelerate if broader market or sector weakness emerges
- No insider buying to offset the selling pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BRZE-1787346744424 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | DEFA14A | $45.86 $45.88 | ▲ +0.04% | ▲ +0.57% | $45.84 (−0.04%) |
Oct 20, 2026 6d ago | DEFA14A | $45.68 $45.86 | ▲ +0.39% | ▲ +1.57% | $45.84 (+0.35%) |
Oct 20, 2026 6d ago | DEFA14A | $45.57 $45.68 | ▲ +0.24% | ▼ −0.28% | $45.84 (+0.59%) |
Oct 20, 2026 6d ago | 8-K | $45.57 $45.68 | ▲ +0.24% | ▼ −0.28% | $45.84 (+0.59%) |
Oct 16, 2026 10d ago | SC 13G/A | $30.04 $45.57 | ▲ +51.70% | ▲ +51.36% | $45.84 (+52.60%) |
Aug 28, 2026 8w ago | Insider Cluster | $34.04 $32.78 | ▲ +3.70% | ▲ +3.01% | $45.84 (−34.67%) |
Aug 26, 2026 8w ago | Insider Cluster | $34.09 $34.53 | ▲ +1.29% | ▲ +1.52% | $45.84 (+34.47%) |
Aug 21, 2026 9w ago | Insider Cluster | $31.44 $30.80 | ▼ −2.04% | ▼ −2.36% | $45.84 (+45.80%) |
Aug 14, 2026 10w ago | Insider Cluster | $27.95 $29.12 | ▲ +4.19% | ▲ +4.86% | $45.84 (+64.01%) |
Aug 14, 2026 10w ago | Insider Cluster | $27.95 $29.12 | ▲ +4.19% | ▲ +4.86% | $45.84 (+64.01%) |
US Market Status
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