Blend Labs (BLND) Head Nima Ghamsari Sells 17,731 Shares

What Happened Nima Ghamsari, Head of Blend Labs and a company director, sold 17,731 shares on 2026-09-14 in an open-market transaction. The weighted average sale price reported was $1.43 per share, for total proceeds of approximately $25,267. The sale is coded as an "S" (sale).

Key Details

• Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (appears timely, within typical 2-business-day reporting window).
• Price: weighted average $1.43 per share (range reported: $1.405–$1.435). The reporting person will provide a breakdown of how many shares sold at each price upon request.
• Shares sold: 17,731; proceeds: ~$25,267.
• Shares owned after transaction: Not reported in the information provided in this summary.
• Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted June 15, 2026 (F1). Weighted-average pricing and price-range detail disclosed (F2).

Context This was a sale (not a purchase or option exercise). Sales executed under pre-established 10b5-1 plans are typically scheduled trades and do not by themselves indicate insider sentiment about the company. For retail investors, purchases tend to be more informative about insider conviction; routine or planned sales are common for liquidity or diversification.