Bess Lane 4
4 · Blaize Holdings, Inc. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
Blaize Holdings (BZAI) Director Bess Lane Acquires 2,000,000 Shares
What Happened
Bess Lane, a director of Blaize Holdings, acquired 2,000,000 shares on July 7, 2026. The shares were issued at $0.00 per share (total cash value $0) as an other acquisition (transaction code J) — described in the filing as issuance in settlement of a dispute.
Key Details
- Transaction date: 2026-07-07; Filing date: 2026-07-09 (filed timely).
- Transaction type/code: "J" — other acquisition/disposition; shares issued in settlement.
- Price: $0.00 per share; cash value $0.
- Shares owned after transaction: not specified in this Form 4 filing.
- Footnotes:
- F1: Shares were issued to Bess Ventures and Advisory, LLC ("Bess Ventures") in settlement of a disagreement related to a Feb 15, 2024 letter agreement.
- F2: Bess Lane is the managing member and owner of Bess Ventures and therefore may be deemed to share beneficial ownership of those shares.
- F3: The filing also references shares held by a trust where the reporting person is Investment Fiduciary; Bess Lane may be deemed to share beneficial ownership.
- Remark: Bess Ventures and Advisory, LLC will file separate Section 16 reports for its holdings.
Context
This was an issuance as part of a settlement rather than an open-market purchase or sale. Issuances in settlement do not require cash payment and do not necessarily indicate a change in the insider’s view of the company; they do, however, increase the insider’s (or related entity’s) share stake on paper. The filing is informational and should be considered alongside other insider transactions and company disclosures.
Insider Transaction Report
- Other
Common Stock
[F1][F2]2026-07-07+2,000,000→ 14,446,783 total(indirect: By LLC)
- 389,968(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]These shares were issued to Bess Ventures and Advisory, LLC ("Bess Ventures") in settlement of a certain disagreement between the Issuer and Bess Ventures related to a letter agreement dated February 15, 2024, and matters arising thereunder.
- [F2]The reporting person is the managing member and owner of Bess Ventures and therefore may be deemed to share beneficial ownership over such shares.
- [F3]Represents securities held by the Coral Gables Trust Company, as Trustee of the Destin Huang Irrevocable Trust Dated October 19, 2021 (the "Trust"). The reporting person is the Investment Fiduciary of the Trust and therefore may be deemed to share beneficial ownership over such shares.