STOCK TITAN

Blend Labs (BLND) grants 50,000 Restricted Stock Units to director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lantz Erin N reported acquisition or exercise transactions in this Form 4 filing.

Blend Labs, Inc. director Erin N. Lantz received a grant of 50,000 Restricted Stock Units, each representing a contingent right to receive one share of Blend Labs Class A Common Stock. The RSUs will vest on the earlier of the one-year anniversary of the grant date or the day before the next annual meeting of shareholders, provided she continues as a service provider through the vesting date. Following this award, she is reported as holding 50,000 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Lantz Erin N
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 50,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 50,000 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock. 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.
RSUs granted 50,000 RSUs Grant to director Erin N. Lantz on 2026-06-17
Underlying shares 50,000 shares Class A Common Stock underlying RSUs
Grant price $0.00 per RSU Reported transaction price per RSU
Post-grant RSU holdings 50,000 RSUs Total RSUs following the reported transaction
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock."
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
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive 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.
annual meeting of shareholders financial
"the day prior to the date of the Issuer's next annual meeting of shareholders"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
Service Provider financial
"subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date."
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SEC Form 4
FORM 4UNITED 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*
Lantz Erin N

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/17/2026A50,000 (2) (2)Class A Common Stock50,000$050,000D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
2. 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.
/s/ Kostian Ciko, Attorney-in-fact06/22/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Erin N. Lantz report in this Blend Labs (BLND) Form 4 filing?

Erin N. Lantz reported receiving 50,000 Restricted Stock Units from Blend Labs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the vesting conditions described in the filing’s footnotes.

How many Restricted Stock Units were granted to the Blend Labs director in this Form 4?

The Blend Labs director received a grant of 50,000 Restricted Stock Units. Each RSU is tied to one share of Class A Common Stock, giving her a contingent right to 50,000 shares if all vesting requirements are satisfied.

What does each Blend Labs RSU represent in the Erin N. Lantz Form 4?

Each RSU reported represents a contingent right to receive one share of Blend Labs Class A Common Stock. This means the 50,000 RSUs could convert into 50,000 shares if the vesting conditions described in the filing are met.

What are the vesting conditions for the 50,000 RSUs granted by Blend Labs?

The 50,000 RSUs will vest on the earlier of the one-year anniversary of the grant date or the day before the next annual shareholder meeting. Vesting requires Erin N. Lantz to continue as a service provider through the applicable vesting date.

Does the Blend Labs Form 4 show the RSUs granted to Erin N. Lantz as directly owned?

Yes. The filing shows the 50,000 Restricted Stock Units as directly owned. The ownership code is listed as direct, indicating the RSUs are attributed to Erin N. Lantz rather than an indirect entity like a trust or partnership.

What type of transaction code is used for the Blend Labs RSU grant to Erin N. Lantz?

The transaction is reported with code “A,” indicating a grant, award, or other acquisition. It is categorized as an acquisition of a derivative security, specifically Restricted Stock Units linked to Class A Common Stock.