Blend Labs (BLND) Head/Director Nima Ghamsari Sells 22,523 Shares

What Happened Nima Ghamsari, Head of Blend and a director at Blend Labs, sold 22,523 shares on 2026-09-28 in an open-market/private sale (transaction code S). The reported weighted-average price was $1.10 per share, for total proceeds of approximately $24,820. This is a sale (not a purchase), which is commonly routine insider selling.

Key Details

• Transaction date: 2026-09-28; Form filed: 2026-09-30 (appears timely).
• Shares sold: 22,523; weighted-average sale price: $1.10; total proceeds ≈ $24,820.
• Price range reported: $1.09 to $1.12 per share (issuer or staff may request a breakdown).
• Footnote: Sale was executed under a Rule 10b5-1 trading plan adopted by Ghamsari on June 15, 2026.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context Sales under a pre-established 10b5-1 plan are scheduled trades made according to a plan set up earlier and are generally considered less informative about the insider’s current view of the company. The transaction size here (~$25k) is modest. For full details, consult the complete Form 4 filing (Accession: 0001870974-26-000014).