Blend Labs officer gains 81K shares from RSU vesting

Q: How many Blend Labs (BLND) shares were withheld or delivered for taxes in this Form 4?

In connection with the RSU vesting, 29,372 shares of Blend Labs Class A Common Stock were delivered or withheld at $1.50 per share to cover tax obligations related to the vesting event.

Q: What is the vesting schedule for the RSUs reported in this Blend Labs (BLND) Form 4?

The filing states that 1/4 of the RSUs vested on February 20, 2026, and the remaining RSUs will vest in equal quarterly increments over the following three years, subject to Srinivasan continuing to be a Service Provider on each vesting date.

Q: Was the Blend Labs (BLND) Form 4 transaction under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not selected, indicating the reported transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan.

Blend Labs, Inc. (BLND) reported that officer Venkatramani Srinivasan, Head of Product Tech & Cust Op, had 81,250 Restricted Stock Units convert into 81,250 shares of Class A Common Stock on August 20, 2026.

Filing Impact

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Blend Labs, Inc. (BLND) reported that officer Venkatramani Srinivasan, Head of Product Tech & Cust Op, had 81,250 Restricted Stock Units convert into 81,250 shares of Class A Common Stock on August 20, 2026. In connection with this vesting, 29,372 shares were delivered/withheld at $1.50 per share to cover tax obligations. Following the RSU transaction, Srinivasan held 812,500 RSUs. The RSU award vests 1/4 on February 20, 2026, with the remaining units vesting in equal quarterly installments over the next three years, subject to continued service. The filing indicates the Rule 10b5-1 checkbox was not selected.

Insider Trade Summary

81,250 shares exercised/converted

Exercise 3 txns

Insider Venkatramani Srinivasan

Role Head of Product Tech & Cust Op

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units ^{F1, F3}	81,250	$0.00	$0.00
Exercise	Class A Common Stock ^F1	81,250	--	--
Tax Withholding	Class A Common Stock ^F2	29,372	$1.50	$44K

Holdings After Transaction: Restricted Stock Units — 812,500 contracts (Direct); Class A Common Stock — 311,268 shares (Direct)

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 February 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

RSUs converted: 81,250 RSUs Shares acquired from RSU conversion: 81,250 shares Shares delivered/withheld for taxes: 29,372 shares +4 more

7 metrics

RSUs converted 81,250 RSUs Converted into Class A Common Stock on August 20, 2026

Shares acquired from RSU conversion 81,250 shares Class A Common Stock received upon RSU conversion

Shares delivered/withheld for taxes 29,372 shares Delivered or withheld at $1.50 per share to cover tax obligations

Tax-related share price $1.50 per share Price used for shares delivered/withheld to cover tax obligations

RSUs held after transaction 812,500 RSUs Total RSUs reported as held following the RSU transaction

Initial vesting date February 20, 2026 Date when 1/4 of the RSUs vested

Remaining vesting period Three years Remaining RSUs vest in equal quarterly increments over this period

Key Terms

Restricted Stock Units, Class A Common Stock, Service Provider, Rule 10b5-1

4 terms

Restricted Stock Units financial

"Each Restricted Stock Unit ("RSU") represents a contingent right"

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.

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 other

"subject to the Reporting Person continuing to be a Service Provider"

Rule 10b5-1 regulatory

"The filing indicates the Rule 10b5-1 checkbox was not selected"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Venkatramani Srinivasan report for BLND on August 20, 2026?

On August 20, 2026, Venkatramani Srinivasan reported the conversion of 81,250 RSUs into 81,250 shares of Blend Labs Class A Common Stock, along with a related share delivery/withholding to satisfy tax obligations tied to the vesting.

How many Blend Labs (BLND) shares were withheld or delivered for taxes in this Form 4?

In connection with the RSU vesting, 29,372 shares of Blend Labs Class A Common Stock were delivered or withheld at $1.50 per share to cover tax obligations related to the vesting event.

How many Restricted Stock Units does the Blend Labs (BLND) officer hold after this transaction?

After the reported transaction, Venkatramani Srinivasan held 812,500 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Blend Labs Class A Common Stock, subject to the applicable vesting conditions.

What is the vesting schedule for the RSUs reported in this Blend Labs (BLND) Form 4?

The filing states that 1/4 of the RSUs vested on February 20, 2026, and the remaining RSUs will vest in equal quarterly increments over the following three years, subject to Srinivasan continuing to be a Service Provider on each vesting date.

Was the Blend Labs (BLND) Form 4 transaction under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not selected, indicating the reported transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan.

What role does Venkatramani Srinivasan hold at Blend Labs (BLND)?

Venkatramani Srinivasan is reported as an officer of Blend Labs, Inc., with the title Head of Product Tech & Cust Op, in connection with the RSU vesting and related share delivery/withholding transactions disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/24/2026 - 05:01 PM EDT Accepted by SEC EDGAR 08/24/2026 - 05:00 PM EDT

SEC Form 4

FORM 4

UNITED 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^*

Venkatramani Srinivasan

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Head of Product Tech & Cust Op

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	08/20/2026		M		81,250	A	⁽¹⁾	340,640	D
Class A Common Stock	08/20/2026		F⁽²⁾		29,372	D	$1.5	311,268	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	08/20/2026		M			81,250	⁽³⁾	⁽³⁾	Class A Common Stock	81,250	$0	812,500	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.

2. Shares were withheld to cover tax obligations in connection with the vesting of RSUs.

3. 1/4th of the RSUs vested on February 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.

	/s/ Kostian Ciko, Attorney-in-fact	08/24/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR