Ling Winnie 4
4 · Blend Labs, Inc. · Filed Aug 22, 2025
Insider Transaction Report
Form 4
Blend Labs, Inc.BLND
Ling Winnie
HEAD OF LEGAL AND PEOPLE
Transactions
- Exercise/Conversion
Class A Common Stock
2025-08-20+50,000→ 422,018 total - Exercise/Conversion
Class A Common Stock
2025-08-20+31,250→ 453,268 total - Tax Payment
Class A Common Stock
2025-08-20$3.01/sh−32,637$98,237→ 420,631 total - Exercise/Conversion
Restricted Stock Units
2025-08-20−50,000→ 0 total→ Class A Common Stock (50,000 underlying) - Sale
Class A Common Stock
2025-08-22$3.50/sh−4,000$14,000→ 416,631 total - Exercise/Conversion
Restricted Stock Units
2025-08-20−31,250→ 187,500 total→ Class A Common Stock (31,250 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- [F2]Shares were withheld to cover tax obligations in connection with the vesting of RSUs.
- [F3]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- [F4]The RSUs vested in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.
- [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.