Blend Labs (NYSE: BLND) officer logs RSU vesting, stock withholding for taxes

Rhea-AI Filing Summary

Blend Labs, Inc. principal accounting officer Oxana Tkach reported equity-based compensation activity involving Restricted Stock Units (RSUs) and Class A Common Stock. On February 20, 2026, she exercised RSUs covering 25,000 and 12,500 units, each RSU representing one share of Class A Common Stock. Corresponding acquisitions of 25,000 and 12,500 Class A shares were reported at a price of $0.00 per share, reflecting non-cash vesting rather than an open-market purchase. To satisfy tax obligations related to the RSU vesting, 12,654 Class A shares were withheld at a value of $1.72 per share. After these transactions, Tkach directly held 101,863 shares of Class A Common Stock. The footnotes state that the RSUs vest in equal quarterly increments over two- and four-year periods, conditioned on her continued service.

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

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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^*

Tkach Oxana

(Last) (First) (Middle)

7250 REDWOOD BLVD., SUITE 300

(Street)

NOVATO CA 94945

(City) (State) (Zip)

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)
	PRINCIPAL ACCOUNTING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/20/2026		M		25,000	A	(1)	102,017	D
Class A Common Stock	02/20/2026		M		12,500	A	(1)	114,517	D
Class A Common Stock	02/20/2026		F(2)		12,654	D	$1.72	101,863	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/20/2026		M			25,000	(3)	(3)	Class A Common Stock	25,000	$0	150,000	D
Restricted Stock Units	(1)	02/20/2026		M			12,500	(4)	(4)	Class A Common Stock	12,500	$0	50,000	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. The RSUs will vest in equal quarterly increments over a four year period, subject to the Reporting Person continuing to be a Service Provider through each such date.

4. The RSUs will vest in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.

	/s/ Kostian Ciko, Attorney-in-fact	02/24/2026
	** 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).
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FAQ

What insider transactions did Blend Labs (BLND) report for Oxana Tkach?

Oxana Tkach reported RSU vesting and related share activity on February 20, 2026. RSUs converted into Class A Common Stock, and some shares were withheld to cover tax obligations associated with that vesting, reflecting routine equity compensation rather than open-market trading.

How many Blend Labs (BLND) shares did Oxana Tkach acquire through RSU vesting?

She acquired 25,000 and 12,500 shares of Class A Common Stock via RSU exercises at $0.00 per share. Each RSU represents a contingent right to one share, so vesting directly increased her stock holdings without a cash purchase on the open market.

Why were some Blend Labs (BLND) shares disposed of in Oxana Tkach’s Form 4?

The filing shows 12,654 Class A shares disposed at $1.72 per share to cover tax obligations. This tax-withholding disposition is common when RSUs vest, allowing taxes to be paid using a portion of the newly delivered shares instead of separate cash.

What are the vesting terms of Oxana Tkach’s Blend Labs (BLND) RSUs?

Footnotes state that some RSUs vest in equal quarterly increments over four years, and others over two years. Vesting is contingent on Tkach continuing as a service provider through each vesting date, aligning equity compensation with ongoing employment at the company.

How many Blend Labs (BLND) shares does Oxana Tkach hold after these transactions?

After the reported February 20, 2026 transactions, Tkach directly held 101,863 shares of Class A Common Stock. The filing also reports RSU balances, which, when vested in future, may further increase her share ownership, subject to tax withholding requirements.