SCHEDULE: Vanguard Group Reports Zero Beneficial Ownership in Braze Inc

The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Braze Inc following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 6 to Schedule 13G concerning its holdings in Braze Inc Common Stock.
• The filing indicates 0 shares beneficially owned by The Vanguard Group, representing 0% of the class.
• This change stems from an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group, Inc. will now report beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538.
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these disaggregated subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative update, reflecting an internal reporting change at Vanguard rather than a shift in investment sentiment towards Braze Inc.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by institutional investors holding less than 20% of a company's stock, indicating passive investment. This specific amendment reflects an internal organizational change at Vanguard, not a change in investment thesis regarding Braze Inc by Vanguard's underlying funds.

Stakeholder Impact

• Shareholders of Braze Inc: No direct impact on the company's operations or financial performance, but it clarifies the reporting structure of a major institutional investor's holdings.

Key Dates

Keywords

Braze Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Institutional Ownership, Investment Management