Oxana Tkach - Dec 23, 2024 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role
PRINCIPAL ACCOUNTING OFFICER
Signature
/s/ Frewoini Kidanemariam, Attorney-in-fact
Stock symbol
BLND
Transactions as of
Dec 23, 2024
Transactions value $
-$18,559
Form type
4
Date filed
12/23/2024, 07:05 PM
Previous filing
Nov 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Sale -$18.6K -4.25K -4.79% $4.37 84.4K Dec 23, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 24, 2024.