Key facts
- This page summarizes Winnie Ling's Form 4 filing for Blend Labs, Inc. (BLND).
- 6 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 21 Feb 2025, 19:00.
Winnie Ling - 20 Feb 2025 Form 4 Insider Report for Blend Labs, Inc. (BLND)
- Reporting relationship
- HEAD OF LEGAL AND PEOPLE
- Issuer ticker
- BLND
- Reported as of
- 20 Feb 2025
- Net transaction value
- -$153,747
- SEC form
- 4
- Accepted by SEC
- 21 Feb 2025, 19:00:47 UTC
- Prior SEC filing
- 07 Feb 2025
- Next SEC filing
- 14 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Winnie Ling
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Winnie Ling filed Form 4 for Blend Labs, Inc. (BLND) on 21 Feb 2025.
Change
- Previous filing in this sequence was filed on 07 Feb 2025.
- Current net transaction value: -$153,747.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BLND
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +25,000
- Change %
- +8.2%
- Price
- Shares after
- 328,781
- Date
- 20 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
BLND
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +50,000
- Change %
- +15%
- Price
- Shares after
- 378,781
- Date
- 20 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
BLND
transaction
Class A Common Stock
Tax liability
- Transaction value
- $114,601
- Shares
- -28,722
- Change %
- -7.6%
- Price
- $3.99
- Shares after
- 350,059
- Date
- 20 Feb 2025
- Ownership
- Direct
- Footnotes
- F2
BLND
transaction
Class A Common Stock
Sale
- Transaction value
- $39,146
- Shares
- -10,000
- Change %
- -2.9%
- Price
- $3.91
- Shares after
- 340,059
- Date
- 20 Feb 2025
- Ownership
- Direct
- Footnotes
- F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BLND
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -25,000
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 25,000
- Exercise price
- Footnotes
- F1, F5
BLND
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -50,000
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 100,000
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 50,000
- Exercise price
- Footnotes
- F1, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 5 footnotes
Footnote F1
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
Footnote F2
Shares were withheld to cover tax obligations in connection with the vesting of RSUs.
Footnote F3
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 7, 2024.
Footnote F4
This sale price represents the weighted average sale price of the shares sold ranging from $3.87 to $3.95 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Footnote F5
The RSUs will vest in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.