Evans Kimberly Peterson 4

What Happened

• Kimberly Peterson, General Counsel of Blaize Holdings (BZAI), had 75,000 restricted stock units convert to common shares on June 1, 2026. To satisfy tax withholding, 26,989 of those shares were surrendered/withheld (reported as disposed) at $1.76 per share for a total withholding value of $47,501. The net result is 48,011 newly issued shares remaining to Peterson.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (Accession 0002123334-26-000002).
• Conversion/acquisition: 75,000 shares (RSU conversion / exercise of derivative; code M).
• Withholding/tax payment: 26,989 shares withheld at $1.76/share = $47,501 (code F).
• A secondary derivative line shows 75,000 shares with $0.00 noted—this reflects the RSU settlement mechanics rather than a cash sale.
• Shares added net to insider after withholding: 48,011 shares.
• Footnotes: F1–F3 state these were RSUs that vested June 1, 2026; each RSU equals one share; vesting schedule is 25% on June 1, 2026, then quarterly thereafter.
• Filing appears timely (Form 4 filed two days after the transaction).

Context

• This was a routine vesting and tax-withholding event (award conversion), not an open-market purchase or a discretionary sale for investment. Tax withholding via share surrender is common when RSUs vest and does not necessarily indicate a change in the insider’s view of the company.