Blend Labs Director Eric Woersching Exercises 50,000 RSUs and Receives Class A Common Stock

On June 11, 2026, Blend Labs, Inc. director Eric Woersching exercised 50,000 Restricted Stock Units (RSUs) that vested according to the terms of his grant agreement. The RSUs represented a contingent right to receive one share of Class A Common Stock each, and upon exercise, Woersching received 50,000 shares of BLND Class A Common Stock at a price of $0 per share. This transaction was reported as a disposition of the derivative securities (RSUs) and an acquisition of the underlying common stock. Following this transaction, Woersching's direct ownership of Class A Common Stock increased to 80,000 shares, while his RSU holdings were reduced to zero. The filing includes a power of attorney executed on February 10, 2026, authorizing designated attorneys-in-fact to file Section 16 reports on Woersching's behalf.