secwatch.observer — SEC 8-K summary
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Issuer:     Blend Labs, Inc. (BLND)
CIK:        0001855747
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001855747-25-000076
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Blend Labs Head of Finance Amir Jafari departs, stays as advisor with $200K severance and stock vesting target
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- Amir Jafari's employment ends Oct 3, 2025; continues as strategic advisor through Jan 1, 2026.
- During advisor period receives base salary continuation and Company-paid COBRA.
- After advisor period, subject to release, Jafari receives an additional $200,000 payment.
- If BLND stock price reaches $7.00 during advisor period, 325,000 PSUs (first tranche of Mar 13 grant) vest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855747/000185574725000076/0001855747-25-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855747/000185574725000076/blnd-20251003.htm
  HTML page:      https://secwatch.observer/filing/0001855747-25-000076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer