Nima Ghamsari - 12 Jun 2025 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Role
HEAD OF BLEND, Director
Signature
/s/ Winnie Ling, Attorney-in-fact
Issuer symbol
BLND
Transactions as of
12 Jun 2025
Net transactions value
-$405,265
Form type
4
Filing time
13 Jun 2025, 18:18:20 UTC
Previous filing
22 May 2025
Next filing
18 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ghamsari Nima HEAD OF BLEND, Director 7250 REDWOOD BLVD., SUITE 300, NOVATO /s/ Winnie Ling, Attorney-in-fact 13 Jun 2025 0001870974

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Other $0 +44,130 +0.73% $0.000000 6,110,067 12 Jun 2025 Direct
transaction BLND Class A Common Stock Sale $155,192 -44,130 -0.72% $3.52 6,065,937 12 Jun 2025 Direct F1
transaction BLND Class A Common Stock Other $0 +75,720 +1.2% $0.000000 6,141,657 13 Jun 2025 Direct
transaction BLND Class A Common Stock Sale $250,073 -75,720 -1.2% $3.30 6,065,937 13 Jun 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BLND Class B Common Stock Other $0 -44,130 -1.4% $0.000000 3,203,105 12 Jun 2025 Class A Common Stock 44,130 Direct F3
transaction BLND Class B Common Stock Other $0 -75,720 -2.4% $0.000000 3,127,385 13 Jun 2025 Class A Common Stock 75,720 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale price represents the weighted average sale price of the shares sold ranging from $3.505 to $3.545 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.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $3.225 to $3.43 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.
F3 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.