Blaize (BZAI) Director Kurt Lauk Receives 618,556 RSU Award
$BZAI · Blaize Holdings, Inc.Research Summary
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Blaize (BZAI) Director Kurt Lauk Receives 618,556 RSU Award
What Happened
Kurt J. Lauk, a director of Blaize Holdings, Inc. (BZAI), received a grant of 618,556 restricted stock units (RSUs) on August 13, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 per unit (reported acquisition amount $0 on the filing). These RSUs are not immediately tradable shares — they represent a contingent right to receive common stock upon vesting.
Key Details
- Transaction date: 2026-08-13 (reported on Form 4 filed 2026-08-17). Filing appears timely (within the two-business-day Form 4 window).
- Transaction type/code: A — Award/Grant of derivative securities (RSUs).
- Units granted: 618,556 restricted stock units; reported price: $0.00 (acquisition amount $0 on Form 4).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes:
- F1: Each RSU represents a contingent right to receive one share of Blaize common stock upon vesting.
- F2: The RSUs vest in three equal annual installments, beginning one year after the grant date, subject to continued service.
Context
RSU grants are compensation awards, not open-market purchases or sales. They only convert into actual shares if and when they vest, and they may be forfeited if the director leaves before vesting. The economic value to the insider depends on Blaize’s future stock price at vesting; the Form 4 reports the grant quantity and legal terms rather than a market dollar value.