Amir Jafari - 20 May 2025 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 May 2025, 20:11:29 UTC
Prior SEC filing
14 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Winnie Ling, Attorney-in-fact

Key filing fact

Amir Jafari filed Form 4 for Blend Labs, Inc. (BLND) on 22 May 2025.

Key facts

  • This page summarizes Amir Jafari's Form 4 filing for Blend Labs, Inc. (BLND).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 22 May 2025, 20:11.

Change

  • Previous filing in this sequence was filed on 14 Mar 2025.
  • Current net transaction value: -$474,960.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001964651 Primary reporting owner

Jafari Amir

Relationship
HEAD OF FINANCE AND ADMIN.
Address
7250 REDWOOD BLVD., SUITE 300, NOVATO
Signature
/s/ Winnie Ling, Attorney-in-fact
Signature date
22 May 2025

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
+125,000
Change %
+14%
Price
Shares after
1,037,288
Date
20 May 2025
Ownership
Direct
Footnotes
F1
BLND transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+37,500
Change %
+3.6%
Price
Shares after
1,074,788
Date
20 May 2025
Ownership
Direct
Footnotes
F1
BLND transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+93,750
Change %
+8.7%
Price
Shares after
1,168,538
Date
20 May 2025
Ownership
Direct
Footnotes
F1
BLND transaction

Class A Common Stock

Tax liability

Transaction value
$474,960
Shares
-130,126
Change %
-11%
Price
$3.65
Shares after
1,038,412
Date
20 May 2025
Ownership
Direct
Footnotes
F2

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
-125,000
Change %
-12%
Price
$0.000000
Shares after
875,000
Date
20 May 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
125,000
Exercise price
Footnotes
F1, F3
BLND transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-37,500
Change %
-50%
Price
$0.000000
Shares after
37,500
Date
20 May 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
37,500
Exercise price
Footnotes
F1, F4
BLND transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-93,750
Change %
-12%
Price
$0.000000
Shares after
656,250
Date
20 May 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
93,750
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 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

25% of the RSUs vested on February 20, 2024 and the remaining RSUs will vest in equal quarterly increments over a three year period, subject to the Reporting Person continuing to be a Service Provider through each such date.

Footnote F4

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.

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