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Get filing alertsRisk Profile Improvements
- 26.3% Say-On-Pay Opposition (new) — Elevated opposition to executive compensation suggests shareholders view current pay practices as misaligned with performance or excessive.
- 21.4% Withheld Votes For Director Agrawal (new) — Significant withhold rate for one director indicates specific shareholder concerns about his board service or qualifications.
Braze shareholders signal pay concerns with 26% opposition; directors elected, charter amended
Filed July 2, 2026 · Period ending June 30, 2026 · ~1 min read
Key Changes
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Executive compensation received only 73.7% support (50.3M for, 17.9M against), with 26.3% opposition indicating notable shareholder dissatisfaction with pay practices.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Charter amended to eliminate officer monetary liability for duty-of-care breaches going forward, the maximum protection Delaware law permits; does not shield bad faith or duty-of-loyalty violations.
Item 5.03 — Amendments to Articles of Incorporation or Bylaws verify on EDGAR → -
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Director Neeraj Agrawal re-elected with 78.6% support (53.7M for, 14.6M withheld), while Yvonne Wassenaar received 98.3% (67.1M for, 1.2M withheld); Agrawal's elevated withhold votes suggest shareholder concern.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Generated by AI · Jul 3, 2026 12:13 AM