Tkach Oxana 4

4 · Blend Labs, Inc. · Filed May 22, 2026

AI-generated summary of this filing

Updated May 22, 2026

Blend Labs (BLND) Principal Accounting Officer Oxana Tkach Exercises RSUs

What Happened

Oxana Tkach, Principal Accounting Officer of Blend Labs (BLND), had restricted stock units (RSUs) convert into a total of 75,000 Class A common shares on May 20, 2026. As part of the vesting/conversion, 10,666 shares were withheld to satisfy tax obligations, valued at $1.48 per share for a withholding total of $15,786.
The Form 4 shows the RSU conversions/exercises (transaction code M) and the tax withholding (transaction code F). The conversions appear as $0 cash proceeds (standard for RSU-to-share settlement), while the withholding generated the share disposition to cover taxes.

Key Details

Transaction date: May 20, 2026; Form filed May 22, 2026 (timely filing).
Total shares converted/received: 75,000 shares (multiple derivative conversion entries).
Shares withheld for taxes: 10,666 shares at $1.48 each = $15,786.
Footnotes: F1—each RSU equals one share; F2—shares were withheld to cover tax obligations; F3/F4—RSUs vest in equal quarterly increments over 4-year and 2-year schedules (service-based vesting).
Shares owned after the transaction: not disclosed in the provided filing summary.

Context

This was an RSU vesting/conversion event (not an open-market purchase or sale). The $0 sale entries for the derivative conversions reflect settlement of RSUs into shares rather than a cash sale; the withholding is effectively a "sell-to-cover" to meet tax liabilities.
Such transactions are routine compensation-related events and do not by themselves indicate the insider’s view on the company’s stock.

Form 4

Period: 2026-05-20

PRINCIPAL ACCOUNTING OFFICER

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-05-20+25,000→ 121,238 total
Exercise/Conversion
Class A Common Stock
[F1]
2026-05-20+12,500→ 133,738 total
Tax Payment
Class A Common Stock
[F2]
2026-05-20$1.48/sh−10,666$15,786→ 123,072 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-05-20−25,000→ 125,000 total
→ Class A Common Stock (25,000 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-05-20−12,500→ 37,500 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|2026-05-22

1 file