---
schema_version: "secwatch.filing_event.v1"
accession: "0001855747-23-000058"
form_type: "8-K"
ticker: "BLND"
cik: "0001855747"
company_name: "Blend Labs, Inc."
filed_at: "2023-08-25T23:59:59+00:00"
generated_at: "2026-06-11T03:39:32.274914+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blend Labs approves amended compensation for CEO and CFO including large RSU grants

## Summary
- CEO Nima Ghamsari gets base salary of $545,000/year, $800,000 in two incentive payments, and 6M RSUs over 4 years.
- CFO Amir Jafari receives 300,000 RSUs vesting quarterly over 2 years and up to 200,000 performance-based RSUs tied to stock price hurdles.
- Incentive payments require employment through Aug 31, 2024 and Aug 31, 2025; clawback applies if terminated for cause or resignation without good reason.
- Ghamsari eligible for Change in Control Severance Agreement providing full vesting of unvested equity upon qualifying termination near a change in control.

## SEC filing metadata
- accession: 0001855747-23-000058
- form_type: 8-K
- ticker: BLND
- cik: 0001855747
- company_name: Blend Labs, Inc.
- filed_at: 2023-08-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855747/000185574723000058/0001855747-23-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855747/000185574723000058/blnd-20230823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001855747-23-000058
- JSON: https://secwatch.observer/filing/0001855747-23-000058.json
- Plain text: https://secwatch.observer/filing/0001855747-23-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.