SEC Form 4 · accession 0001628280-26-058708
Backblaze, Inc. · BLZE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gleb Budman
Officer — CEO and Chairperson · Director
Period of report
Aug 20, 2026
Accepted (ET)
Aug 24, 2026 · 5:39 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001462056
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Aug 20, 2026 | D | 11,083 | $16.24 | D | 2,204,958 | D | |
| Class A Common StockF4 | Aug 21, 2026 | S | 12,855 | $15.82 | D | 2,192,103 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents previously issued restricted stock units that the Issuer retired for cash upon vesting in lieu of issuing shares of common stock.
- F2These restricted stock units were settled by the Issuer at the closing price per share of the Issuer's common stock on the vesting date.
- F3The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.82 to $15.83, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.