STOCK TITAN

[Form 4] Blend Labs, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mayopoulos Timothy J reported acquisition or exercise transactions in this Form 4 filing.

Blend Labs, Inc. reported that director Timothy J. Mayopoulos received a grant of 50,000 Restricted Stock Units (RSUs) on Class A Common Stock. Each RSU represents a contingent right to receive one share of BLND Class A Common Stock.

The RSUs will vest on the earlier of the one-year anniversary of the grant date or the day prior to Blend Labs’ next annual meeting of shareholders, as long as Mayopoulos continues as a service provider through the applicable vesting date. This is a compensation-related equity award rather than an open-market share purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Mayopoulos Timothy J
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 50,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 50,000 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock. The RSUs will vest on the earlier of (i) the one year anniversary of the grant date, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.
RSUs granted 50,000 RSUs Grant to director Timothy J. Mayopoulos on June 17, 2026
Underlying shares 50,000 shares Class A Common Stock deliverable upon RSU vesting
Exercise/Conversion price $0.00 per share RSU grant has no cash exercise price
Post-grant derivative holdings 50,000 RSUs Total RSUs held following this transaction
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A Common Stock financial
"to receive one share of BLND Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual meeting of shareholders financial
"the day prior to the date of the Issuer's next annual meeting of shareholders"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mayopoulos Timothy J

(Last)(First)(Middle)
7250 REDWOOD BLVD., SUITE 300

(Street)
NOVATO CALIFORNIA 94945

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Blend Labs, Inc. [ BLND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/17/2026A50,000 (2) (2)Class A Common Stock50,000$050,000D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
2. The RSUs will vest on the earlier of (i) the one year anniversary of the grant date, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.
/s/ Kostian Ciko, Attorney-in-fact06/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Blend Labs (BLND) disclose for Timothy J. Mayopoulos?

Blend Labs disclosed that director Timothy J. Mayopoulos received a grant of 50,000 Restricted Stock Units. Each RSU converts into one share of Class A Common Stock, providing equity-based compensation tied to his continued service with the company.

How many Restricted Stock Units were granted in this Blend Labs (BLND) Form 4?

The Form 4 shows a grant of 50,000 Restricted Stock Units to director Timothy J. Mayopoulos. These RSUs are a stock-based award that can settle in 50,000 shares of Class A Common Stock if vesting conditions are satisfied.

When do Timothy J. Mayopoulos’s Blend Labs (BLND) RSUs vest?

The RSUs vest on the earlier of the one-year anniversary of the grant date or the day before Blend Labs’ next annual shareholder meeting. Vesting is conditioned on Mayopoulos continuing as a service provider through the relevant vesting date.

Are the Blend Labs (BLND) RSUs an open-market purchase or sale?

The RSUs are a grant recorded under transaction code “A,” meaning a grant, award, or other acquisition. This is compensation-related, not an open-market buy or sell, and reflects equity awarded by Blend Labs rather than a market trade.

What does each RSU represent in the Blend Labs (BLND) award?

Each Restricted Stock Unit represents a contingent right to receive one share of Blend Labs Class A Common Stock. Actual share delivery depends on satisfying the vesting conditions tied to time and continued service outlined in the grant’s terms.