Blaize Holdings: chief revenue officer Stephen Patak exercised 2,500 shares

What happened Stephen Patak, chief revenue officer, exercised or converted derivative securities and acquired 2,500 shares on Oct 12, 2026 at $0.00 per share. The filing also shows a tax withholding disposition of 609 shares at $0.29 per share for $177 and an additional derivative disposition of 2,500 shares at $0.00.

Key details

• Transaction date: Oct 12, 2026. Filing date: Oct 13, 2026. Transaction codes reported: M (exercise or conversion of derivative) and F (payment of exercise price or tax liability).
• Prices and values: 2,500 shares acquired at $0.00; 609 shares disposed at $0.29 for $177; 2,500 shares disposed at $0.00 (derivative).
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing:
  • F1: Conversion of restricted stock units that vested on Oct 12, 2026.
  • F2: Each restricted stock unit represents a contingent right to receive one share of Blaize Holdings, Inc. common stock.
  • F3: These time based restricted stock units vest in eight quarterly installments, commencing Apr 12, 2026.
  • F4: The reporting person's stock options vest 25% on Jan 12, 2027 and quarterly thereafter.
• Filing timeliness: the report does not indicate a late filing.

Why it may matter

• The filing shows the conversion or exercise of derivative securities and a tax withholding where 609 shares were surrendered at $0.29 per share to cover tax obligations.
• The filing does not show why the insider traded or why the company acted.