# EDGAR Filing Document

**Accession Number:** 0001532809
**File Stem:** 0001231919-25-000598
**Filing Date:** 2025-12
**Character Count:** 13844
**Document Hash:** 71e9053bb9ead25baada6ce9d0d2ffd9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001231919-25-000598.hdr.sgml**: 20251210

**ACCESSION NUMBER**: 0001231919-25-000598

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251208

**FILED AS OF DATE**: 20251210

**DATE AS OF CHANGE**: 20251210

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Agrawal Neeraj
- **CENTRAL INDEX KEY:** 0001532809

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41065
- **FILM NUMBER:** 251562729

**MAIL ADDRESS:**
- **STREET 1:** ONE MARINA PARK DRIVE
- **STREET 2:** SUITE 1100
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Braze, Inc.
- **CENTRAL INDEX KEY:** 0001676238
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 452505271
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**BUSINESS ADDRESS:**
- **STREET 1:** 63 MADISON BUILDING
- **STREET 2:** 28 E. 28TH ST., FLOOR 12 MAILROOM
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
- **BUSINESS PHONE:** (609) 964-0585

**MAIL ADDRESS:**
- **STREET 1:** 63 MADISON BUILDING
- **STREET 2:** 28 E. 28TH ST., FLOOR 12 MAILROOM
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Appboy, Inc.
- **DATE OF NAME CHANGE:** 20160602

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Agrawal Neeraj<br><sub>(Last) (First) (Middle)</sub><br>C/O BATTERY VENTURES<br>ONE MARINA PARK DRIVE, SUITE 1100<br><sub>(Street)</sub><br>BOSTON, MA 02210<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-08 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Braze, Inc. [ BRZE ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2025-12-08 |  | C |  | 55137 | A | <sup>(1)</sup> | 60607 | I | By Battery Investment Partners XI, LLC<sup>(2)</sup> |
| Class A Common Stock | 2025-12-08 |  | C |  | 1189541 | A | <sup>(1)</sup> | 1192309 | I | By Battery Ventures XI-A, L.P.<sup>(3)</sup> |
| Class A Common Stock | 2025-12-08 |  | C |  | 314301 | A | <sup>(1)</sup> | 315033 | I | By Battery Ventures XI-B, L.P.<sup>(4)</sup> |
| Class A Common Stock | 2025-12-08 |  | C |  | 1235865 | A | <sup>(1)</sup> | 1238741 | I | By Battery Ventures XI-A Side Fund, L.P.<sup>(5)</sup> |
| Class A Common Stock | 2025-12-08 |  | C |  | 267977 | A | <sup>(1)</sup> | 268601 | I | By Battery Ventures XI-B Side Fund, L.P.<sup>(6)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 29250 | I | By Battery Investment Partners Select Fund I,L.P.<sup>(7)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 1395750 | I | By Battery Ventures Select Fund I,L.P.<sup>(8)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 132790 | D |  |
| Class A Common Stock |  |  |  |  |  |  |  | 824212 | I | By Trust<sup>(9)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Class B Common Stock | <sup>(1)</sup> | 2025-12-08 |  | C |  |  | 55137 | <sup>(10)</sup> | <sup>(10)</sup> | Class A Common Stock | 55137 | 0<sup>(1)</sup> | 0 | I | By Battery Investment Partners XI, LLC<sup>(2)</sup> |
| Class B Common Stock | <sup>(1)</sup> | 2025-12-08 |  | C |  |  | 1189541 | <sup>(10)</sup> | <sup>(10)</sup> | Class A Common Stock | 1189541 | 0<sup>(1)</sup> | 0 | I | By Battery Ventures XI-A, L.P.<sup>(3)</sup> |
| Class B Common Stock | <sup>(1)</sup> | 2025-12-08 |  | C |  |  | 314301 | <sup>(10)</sup> | <sup>(10)</sup> | Class A Common Stock | 314301 | 0<sup>(1)</sup> | 0 | I | By Battery Ventures XI-B, L.P.<sup>(4)</sup> |
| Class B Common Stock | <sup>(1)</sup> | 2025-12-08 |  | C |  |  | 1235865 | <sup>(10)</sup> | <sup>(10)</sup> | Class A Common Stock | 1235865 | 0<sup>(1)</sup> | 0 | I | By Battery Ventures XI-A Side Fund, L.P.<sup>(5)</sup> |
| Class B Common Stock | <sup>(1)</sup> | 2025-12-08 |  | C |  |  | 267977 | <sup>(10)</sup> | <sup>(10)</sup> | Class A Common Stock | 267977 | 0<sup>(1)</sup> | 0 | I | By Battery Ventures XI-B Side Fund, L.P.<sup>(6)</sup> |
| Class B Common Stock | <sup>(10)</sup> |  |  |  |  |  |  | <sup>(10)</sup> | <sup>(10)</sup> | Class A Common Stock | 221708 |  | 221708 | I | By Battery Investment Partners Select Fund I, L.P.<sup>(7)</sup> |
| Class B Common Stock | <sup>(10)</sup> |  |  |  |  |  |  | <sup>(10)</sup> | <sup>(10)</sup> | Class A Common Stock | 1141717 |  | 1141717 | I | By Battery Ventures Select Fund I, L.P.<sup>(8)</sup> |

---

### Footnotes:

(1) These shares of Class B common stock were converted on a one-for-one basis into Class A common stock.

(2) Securities are held by Battery Investment Partners XI, LLC ("BIP XI"). The sole managing member of BIP XI is Battery Partners XI, LLC ("BP XI"). The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

(3) Securities are held by Battery Ventures XI-A, L.P. ("BV XI-A"). The sole general partner of BV XI-A is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

(4) Securities are held by Battery Ventures XI-B, L.P. ("BV XI-B"). The sole general partner of BV XI-B is BP XI. The Reporting Person is a managing member of BP XI and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

(5) Securities are held by Battery Ventures XI-A Side Fund, L.P. ("BV XI-A SF"). The sole general partner of BV XI-A SF is Battery Partners XI Side Fund, LLC ("BP XI SF"). The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

(6) Securities are held by Battery Ventures XI-B Side Fund, L.P. ("BV XI-B SF"). The sole general partner of BV XI-B SF is BP XI SF. The Reporting Person is a managing member of BP XI SF and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

(7) Securities are held by Battery Investment Partners Select Fund I, L.P. ("BIP Select I"). The sole general partner of BIP Select I is Battery Partners Select Fund I GP, LLC ("BP Select I GP"). The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

(8) Securities are held by Battery Ventures Select Fund I, L.P. ("BV Select I"). The sole general partner of BV Select I is Battery Partners Select Fund I, L.P. ("BP Select I"). The general partner of BP Select I is BP Select I GP. The Reporting Person is a managing member of BP Select I GP and may be deemed to share voting and dispositive power over theses securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

(9) Securities are held by an irrevocable GST trust, of which the Reporting Person's spouse is a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.

(10) 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.

**Signature:** /s/ Christopher Schiavo, as Attorney-in-Fact for Neeraj Agrawal  
**Date:** 2025-12-10

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**