Blend Labs finance chief vests 550K RSUs
Blend Labs, Inc. (BLND) reported that officer Jason Ream, Head of Finance and Admin., had 550,000 Restricted Stock Units vest and convert into 550,000 shares of Class A Common Stock on August 20, 2026.
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Rhea-AI Filing Summary
Blend Labs, Inc. (BLND) reported that officer Jason Ream, Head of Finance and Admin., had 550,000 Restricted Stock Units vest and convert into 550,000 shares of Class A Common Stock on August 20, 2026. In connection with this vesting, 133,926 shares were withheld at $1.50 per share to cover tax obligations. Following the transaction, Ream continues to hold 1,650,000 RSUs that will vest in equal quarterly installments over the next three years, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 550,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 550,000 | -- | -- |
| Tax Withholding | Class A Common Stock F2 | 133,926 | $1.50 | $201K |
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- F2. Shares were withheld to cover tax obligations in connection with the vesting of RSUs.
- F3. 1/4th of the RSUs vested on August 20, 2026, and the remaining RSUs will vest in equal quarterly increments over the following three year period, subject to the Reporting Person continuing to be a Service Provider through each such date.
Key Figures
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
Payment of tax liability by delivering or withholding securities financial
Service Provider financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BLND disclose for Jason Ream on this Form 4?
What is the vesting schedule of Jason Ream’s RSUs at Blend Labs (BLND)?
How many Blend Labs (BLND) RSUs does Jason Ream hold after this Form 4 event?
Was Jason Ream’s Blend Labs (BLND) Form 4 transaction part of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.