Form 4: Blend Labs Director Acquires and Disposes of Shares in Recent Transaction
SEC Form 4 Filing
Director Erin James Collard reports acquisition and disposal of Blend Labs, Inc. shares on June 7, 2024, according to a Form 4 filing.
Summary
- On June 7, 2024, Erin James Collard, a director of Blend Labs, Inc., engaged in transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
- Collard acquired 27,760 shares of Class A Common Stock through the vesting of RSUs.
- Simultaneously, Collard disposed of 27,760 shares related to the settlement of RSUs.
- Following these transactions, Collard directly owns 1,091,986 shares of Class A Common Stock.
- Collard also holds 0 derivative securities after the transaction.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of transaction involving Class A Common Stock and Restricted Stock Units. |
| 06/11/2024 | Date of signature for the Form 4 filing. |
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