March 10, 2026 · Form 4 insider transaction
Spraggins Daniel bought 234,220 shares of Backblaze, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, and will vest 25% on the first anniversary of January 5, 2025 and the remainder in equal quarterly installments over the remaining 3 year period, provided that the Reporting Person remains in continuous service through each such vesting date. The RSUs were granted as an employment inducement award under the Company's 2024 New Employee Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).