Blaize Holdings, Inc. adopted a limited-duration stockholder rights plan by entering into a Rights Agreement with Continental Stock Transfer & Trust Company. The plan issues one preferred stock purchase right for each common share outstanding as of May 6, 2026.
The rights become exercisable if any person or group acquires 10% or more of Blaize’s common stock, including certain synthetic ownership. Each right allows the holder to buy one one-hundredth of a share of Series A Junior Participating Preferred Stock at $11.00, or to receive common stock of Blaize or an acquiring company with a market value equal to twice the purchase price if a triggering acquisition occurs.
The plan is scheduled to expire on April 21, 2027, unless earlier redeemed by the Board for $0.01 per right or exchanged for common shares. Blaize has reserved 6,000,000 shares of Series A Preferred for issuance and states the plan is intended to protect all stockholders against coercive takeover tactics while not blocking Board‑approved transactions.
Blaize Holdings, Inc. Chief Financial Officer Harminder Sehmi reported an option exercise and share sale in company stock. Sehmi exercised 505,060 stock options at an exercise price of $0.57 per share, acquiring the same number of shares of Blaize common stock pursuant to a pre-arranged Rule 10b5-1 trading plan.
On the same date, Sehmi sold 123,460 shares of common stock at a weighted average price of $2.28 per share, with individual sale prices ranging from $2.19 to $2.38. Following these transactions, Sehmi directly holds 381,600 shares of common stock.
In addition to common shares, Sehmi continues to hold employee stock options over 29,436 shares at $14.62, 200,000 shares at $3.57, and 862,915 shares at $1.18 per share, as well as 212,155 earnout shares and 362,081 restricted stock units, each representing rights to receive Blaize common stock under specified vesting or stock price conditions.
Blaize Holdings CEO Munagala Dinakar reported an exercise-and-sale transaction in company stock. On the same date, he exercised stock options for 50,000 shares of common stock at $0.57 per share and sold 50,000 shares at a weighted average price of $2.54, all under a pre-arranged Rule 10b5-1 trading plan.
Following these transactions, he directly owns 551,422 shares of common stock and continues to hold significant equity-based incentives, including stock options, restricted stock units, and earnout shares tied to future stock price performance and vesting schedules.
Blaize Holdings, Inc. Chief Revenue Officer Stephen Paul Patak acquired shares through equity compensation rather than open-market trading. On April 12, 2026, 2,500 restricted stock units vested and converted into 2,500 shares of common stock at $0 per share, as part of a quarterly vesting schedule over eight installments starting April 12, 2026. Following this, he directly held 2,500 common shares and 17,500 restricted stock units. He also holds employee stock options covering 800,000 shares of common stock at an exercise price of $1.18, expiring March 29, 2036, which vest 25% on January 12, 2027 and quarterly thereafter.
Blaize Holdings, Inc. reported preliminary first quarter 2026 revenue of about $2.7 million, with results constrained by global memory shortages and related supply chain delays that limited server availability and delayed customer shipments.
The company maintained its full-year 2026 revenue guidance of $130.0 million and announced a new contract with NeoTensr expected to generate up to $50.0 million in revenue within the first year, subject to purchase orders. Blaize has secured inventory to support $10.0–$12.0 million of deliveries to NeoTensr in late April and May 2026, in addition to $23.8 million of revenue earned from a NeoTensr purchase order in the fourth quarter of 2025.
Blaize Holdings, Inc. director Anthony Cannestra exercised stock options for 50,000 shares at an exercise price of $0.57 and sold 50,000 common shares at a weighted average price of $1.75 per share on April 6, 2026, under a pre-arranged Rule 10b5-1 trading plan.
The sale price ranged from $1.72 to $1.79 per share. Following this exercise-and-sell, he reports no directly held common stock from this transaction but continues to hold substantial equity-based awards, including earnout shares, employee stock options at various strike prices, and restricted stock units tied to future vesting conditions.
Blaize Holdings, Inc. received a Form 4 describing an internal restructuring of its large shareholder entities. Ava-related entities reported an "other" transaction involving 5,145,638 shares of Common Stock, distributed for no consideration. Following the restructuring, Ava Private Markets S.a r.l. and its affiliates hold 11,737,254 shares indirectly. Ava Investors S.A., Raphaelle Mahieu and Benjamin Hazan may be deemed to exercise investment power over these securities but each disclaims beneficial ownership except to the extent of any pecuniary interest.
Blaize Holdings reports an amended Schedule 13G/A showing 11,737,254 shares of Common Stock (representing 9.56% of the class) held by Ava Investors S.A. / Ava Private Markets.
The filing states the position is based on 122,744,509 shares outstanding as of 03/24/2026 and that the transaction disclosed in the amendment was a distribution of Common Stock for no consideration.