Blend Labs (BLND) Head Nima Ghamsari Sells 21,009 Shares

What Happened

• Nima Ghamsari, Head of Blend and a company director, sold 21,009 shares of Blend Labs common stock on 2026-09-21. The weighted average sale price was $1.19 per share (range $1.18–$1.20), for total proceeds of approximately $25,022. The transaction is reported as an open-market or private sale and was effected under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-09-21; Form 4 filed: 2026-09-23 (appears timely).
• Shares sold: 21,009; weighted average price: $1.19; price range disclosed: $1.18–$1.20.
• Proceeds: ≈ $25,022.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: (1) Sale executed pursuant to a 10b5-1 plan adopted June 15, 2026. (2) Reported price is a weighted average across the $1.18–$1.20 range; per-price breakdown available on request.

Context

• This was a sale under a pre-established 10b5-1 trading plan, which allows insiders to sell according to a preset schedule and is commonly used to avoid questions about timing. Such sales are often routine and do not by themselves indicate a change in insider sentiment.