FMR LLC Increases Stake in Braze, Inc. to 12.4%

FMR LLC (Fidelity) has significantly increased its stake in Braze, Inc. (BRZE), according to a Schedule 13G filed on June 5, 2026. As of the event date of May 29, 2026, the firm reported beneficial ownership of 13,979,624.39 shares of Class A Common Stock, representing a 12.4% ownership interest in the company. This marks a substantial increase from the previously reported holding of 4,702,205 shares. The filing indicates that FMR LLC holds sole dispositive power over the entire position of 13,979,624.39 shares and sole voting power over 13,948,751 shares. Abigail P. Johnson, as a Director and Chairman of FMR LLC, is also listed as a reporting person with shared dispositive power through her control of the entity. The securities were acquired in the ordinary course of business and not with the intent to influence or change the control of the issuer. Various Fidelity-affiliated entities, including FIAM LLC and Fidelity Management & Research Company LLC, are identified as subsidiaries holding portions of the reported shares.