Braze, Inc. 10-K

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities Market Information for Our Common Stock Our Class A common stock is traded on The Nasdaq Global Select Market, or Nasdaq, under the symbol “BRZE”. Holders of Record As of March 17, 2026, there were 90 stockholders of record of our Class A common stock. The number of stockholders of record is based upon the actual number of holders registered with our transfer agent on this date and does not include holders of Class A common stock in “street name” by brokers or other entities on behalf of stockholders or any other individual participants in security position listings. Dividend Policy We have never declared or paid any dividends on our Class A common stock. We currently intend to retain all available funds and any future earnings for the operation and expansion of our business. Accordingly, we do not anticipate declaring or paying dividends in the foreseeable future. The payment of any future dividends will be at the discretion of our board of directors and will depend on our results of operations, capital requirements, financial condition, prospects, contractual arrangements, any limitations on payment of dividends present in any debt agreements, and other factors that our board of directors may deem relevant. Unregistered Issuances of Equity Securities The following sets forth information regarding all of our unregistered securities sold in the fiscal quarter ended January 31, 2026: • On November 1, 2025, we issued 24,116 shares of our Class A common stock to a charitable donor-advised fund for no consideration in connection with our Pledge 1% commitment pursuant to Section 4(a)(2) of the Securities Act as this issuance did not involve a public offering. • On January 30, 2026, we issued 6,885,309 shares of our Class A common stock in connection with the automatic conversion of all then outstanding shares of our Class B common stock pursuant to the terms of our Eighth Amended and Restated Certificate of Incorporation. These shares were issued in accordance with Section 3(a)(9) of the Securities Act. Use of Proceeds Not applicable. Issuer Purchases of Equity Securities None. Item 6. [Reserved]