Tkach Oxana 4
4 · Blend Labs, Inc. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Blend Labs (BLND) Officer Oxana Tkach Exercises RSUs; Tax Withheld
What Happened
- Oxana Tkach, Blend Labs' Principal Accounting Officer, had restricted stock units (RSUs) convert into common shares on Feb 20, 2026. The filing shows conversions totaling 75,000 RSUs. To cover tax withholding related to the vesting, 12,654 shares were withheld (disposed) at $1.72 per share, generating $21,765. Net shares issued to the reporting person after withholding: 62,346.
Key Details
- Transaction date: 2026-02-20; Form 4 filed 2026-02-24 (filed within the standard 2-business-day window).
- Derivative/award codes: M = exercise/conversion of a derivative (RSU conversion); F = shares withheld to cover tax liability.
- Shares converted: 25,000 + 12,500 + 25,000 + 12,500 = 75,000 RSUs converted to shares.
- Shares withheld for taxes: 12,654 shares at $1.72 per share = $21,765 withheld.
- Net shares received by insider: 62,346 (75,000 − 12,654).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: RSUs represent contingent rights to receive one Class A share each (F1); shares were withheld to cover tax obligations (F2); vesting schedules noted (quarterly over 2- and 4-year schedules, F3/F4).
Context
- This was an award/vesting event (RSU conversion), not an open-market purchase or sale. The withheld shares are a routine tax-withholding settlement and do not necessarily indicate a buy/sell market sentiment. For derivative filings like this, the M code reflects exercise/conversion of awards; the F code reflects tax withholding.
Insider Transaction Report
Form 4
Blend Labs, Inc.BLND
Tkach Oxana
PRINCIPAL ACCOUNTING OFFICER
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-02-20+25,000→ 102,017 total - Exercise/Conversion
Class A Common Stock
[F1]2026-02-20+12,500→ 114,517 total - Tax Payment
Class A Common Stock
[F2]2026-02-20$1.72/sh−12,654$21,765→ 101,863 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-20−25,000→ 150,000 total→ Class A Common Stock (25,000 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-20−12,500→ 50,000 total→ Class A Common Stock (12,500 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- [F2]Shares were withheld to cover tax obligations in connection with the vesting of RSUs.
- [F3]The RSUs will vest in equal quarterly increments over a four year period, subject to the Reporting Person continuing to be a Service Provider through each such date.
- [F4]The RSUs will vest in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.
Signature
/s/ Kostian Ciko, Attorney-in-fact|2026-02-24