Blend Labs director receives 50,000 RSUs grant
Mayopoulos Timothy J reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 50,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- F2. 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.
Key Figures
Key Terms
Restricted Stock Unit financial
Class A Common Stock financial
FAQ
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What insider transaction did Blend Labs (BLND) disclose for Timothy J. Mayopoulos?
How many Restricted Stock Units were granted in this Blend Labs (BLND) Form 4?
When do Timothy J. Mayopoulos’s Blend Labs (BLND) RSUs vest?
Are the Blend Labs (BLND) RSUs an open-market purchase or sale?
What does each RSU represent in the Blend Labs (BLND) award?
AI-generated analysis. How Rhea-AI works. Not financial advice.