Backblaze Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Article contentSAN FRANCISCO — Backblaze, Inc. (Nasdaq: BLZE) today announced that on March 24, 2026, it granted an equity inducement award to Rhett Dillingham, the Company’s Senior Vice President of Product, and Joey Myers, the Company’s Vice President of Revenue Operations, as a material inducement to each of Mr. Dillingham and Mr. Myers’ employment with the Company.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentThe inducement award consists of 194,240 restricted stock units (“RSUs”) for Mr. Dillingham and 82,650 RSUs for Mr. Myers. The RSUs will vest as to 25% of the underlying shares after one year, with the balance vesting in equal quarterly installments over the remaining three years, subject in each case to Mr. Dillingham’s and Mr. Myers’ continued employment with Backblaze through each applicable vesting date.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentAbout BackblazeArticle contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentBackblaze (NASDAQ: BLZE) gives businesses the freedom to innovate without limits by removing the barriers of lock-in, complexity, and cost. Our high-performance cloud object storage accelerates AI workflows, powers data-heavy applications, streamlines media management, and protects critical data. As an award-winning independent cloud, we provide unparalleled levels of interoperability that enable over 500,000 of our customers to reach and serve hundreds of millions of end users in 175 countries around the world. For more information, please go to www.backblaze.com.Article contentArticle contentArticle contentArticle contentView source version on businesswire.com: Article content https://www.businesswire.com/news/home/20260330873178/en/Article contentArticle contentContactsArticle contentInvestors Article contentArticle contentMimi KongArticle contentArticle contentInvestor RelationsArticle contentArticle contentir@backblaze.comArticle contentPress Contact: Article contentYev PusinArticle contentArticle contentHead of CommunicationsArticle contentArticle contentpress@backblaze.comArticle contentTrending Air Canada CEO to retire following English-only video controversy Airlines Air Canada CEO likely sealed his own fate in failing to learn from first language misstep, governance experts say Airlines Posthaste: Gold's fall from grace could be worse than markets expect News Subscriber only. Chinese are burying their dead in empty apartments rather than pay skyrocketing cemetery costs Subscriber only Financial Times Iran’s attacks on Gulf aluminum plants threaten supply crisis Mining Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Air Canada CEO to retire following English-only video controversy Airlines Air Canada CEO likely sealed his own fate in failing to learn from first language misstep, governance experts say Airlines Posthaste: Gold's fall from grace could be worse than markets expect News Subscriber only. Chinese are burying their dead in empty apartments rather than pay skyrocketing cemetery costs Subscriber only Financial Times Iran’s attacks on Gulf aluminum plants threaten supply crisis Mining