How Ghamsari was paid
$13.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Nima GhamsariHead of Blend, Co-Founder, and Chair | $545,000 | $12,929,500 | $456,223 | — | $13,930,723 |
| Jason ReamHead of Finance and Administration | $149,231 | $7,810,000 | $96,006 | $3,231 | $8,058,468 |
| Srinivasan VenkatramaniHead of Product, Technology, and Customer Operations | $450,000 | $8,570,250 | $184,332 | $5,000 | $9,209,582 |
What changed and why
- $13.9MCEO total compensation rose to $13,930,723 in 2025 from $945,000 in 2024.
- $12.9MStock awards of $12,929,500 were granted to the CEO in 2025.
- Bonus program payouts were based on company performance and individual objectives.
- Corporate performance objectives focused on platform revenue and non-GAAP operating income.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.