Lantz Erin N 4

What Happened

• Erin Lantz, a director of Blend Labs, received a grant of 50,000 Restricted Stock Units (RSUs) on June 17, 2026. The grant is an award (derivative) with no cash paid at grant ($0 reported). RSUs are a contingent right to receive shares of BLND Class A common stock upon vesting.

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22.
• Transaction type/code: Award/Grant (A); reported grant of 50,000 RSUs at $0.00.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes: Each RSU equals the right to one share (F1). RSUs vest on the earlier of (i) one year after grant or (ii) the day before the issuer’s next annual meeting, provided the Reporting Person remains a service provider (F2).
• Filing timeliness: The Form 4 was filed five calendar days after the grant (three business days), which is later than the typical two-business-day reporting deadline for Form 4s.

Context

• This was an equity compensation award to a director — a routine non-cash grant rather than a market purchase or sale. Such awards are common for board compensation and do not by themselves signal an immediate buy/sell decision. The economic value will depend on Blend Labs’ stock price at vesting.