Blend Labs director granted 50,000 RSUs
Woersching Eric H. reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Woersching Eric H. reported acquisition or exercise transactions in this Form 4 filing.
Blend Labs, Inc. director Eric H. Woersching received a grant of 50,000 Restricted Stock Units on June 17, 2026. Each RSU represents a contingent right to receive one share of Blend Labs Class A common stock, bringing his reported RSU holdings to 50,000 units.
The RSUs will vest on the earlier of the one-year anniversary of the grant date or the day before the company’s next annual meeting of shareholders, as long as he continues to serve as a Service Provider through the vesting date.
Insider Trade Summary
Grant/Award: 50,000 shares
Grant/Award
1 txn
Insider
Woersching Eric H.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 50,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 50,000 contracts (Direct)
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
RSUs granted: 50,000 units
Underlying shares: 50,000 shares
RSU exercise price: $0.00 per unit
+1 more
4 metrics
RSUs granted
50,000 units
Restricted Stock Units granted on June 17, 2026
Underlying shares
50,000 shares
Class A Common Stock underlying the RSUs
RSU exercise price
$0.00 per unit
Conversion or exercise price for the RSUs
Holdings after grant
50,000 RSUs
Total Restricted Stock Units following the transaction
Key Terms
Restricted Stock Units, RSU, Class A Common Stock, Service Provider
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Class A Common Stock financial
"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.
Service Provider financial
"subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Blend Labs (BLND) director Eric H. Woersching report on this Form 4?
Eric H. Woersching reported receiving a grant of 50,000 Restricted Stock Units. These RSUs each represent a contingent right to one share of Blend Labs Class A common stock, increasing his reported RSU holdings to 50,000 units after the transaction.
How many Blend Labs RSUs were granted to Eric H. Woersching?
Eric H. Woersching was granted 50,000 Restricted Stock Units. According to the filing, each RSU corresponds to one share of Blend Labs Class A common stock, and his total RSU holdings following this award are 50,000 units held directly.
What does each Restricted Stock Unit represent for Blend Labs (BLND)?
Each Restricted Stock Unit represents a contingent right to receive one share of Blend Labs Class A common stock. This means when the RSUs vest under the specified conditions, the holder is entitled to receive an equivalent number of common shares.
When will Eric H. Woersching’s Blend Labs RSUs vest?
The RSUs will 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 Mr. Woersching continuing to be a Service Provider through the applicable vesting date.
Are Eric H. Woersching’s Blend Labs RSUs subject to any service condition?
Yes. The filing states the RSUs vest only if Eric H. Woersching continues to be a Service Provider through the vesting date. If he does not meet this service requirement, the contingent right to receive the underlying Class A common stock may not fully vest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
