secwatch.observer — SEC 8-K summary
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Issuer:     Braze, Inc. (BRZE)
CIK:        0001676238
Form:       8-K
Filed at:   2024-06-03T23:59:59+00:00
Accession:  0001676238-24-000087
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Braze appoints Yvonne Wassenaar to board; Doug Pepper resigns
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- Doug Pepper resigned from Braze's board and audit committee effective June 3, 2024, not due to any disagreement.
- Yvonne Wassenaar appointed as Class II director, term through 2026 annual meeting; also joins audit committee.
- Wassenaar receives initial RSU award of 5,439 shares, $30k annual retainer plus $10k for audit committee service.
- Annual RSU valued at $175k granted at each annual meeting; unvested awards accelerate upon change of control.
- Wassenaar previously CEO of Puppet and Airware; serves on boards of Arista, Forrester, JFrog, Rubrik.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1676238/000167623824000087/0001676238-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1676238/000167623824000087/brz-20240603.htm
  HTML page:      https://secwatch.observer/filing/0001676238-24-000087

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer