Blend Labs, Inc.: head of Blend Nima Ghamsari sold 24,272 shares

What happened

• Nima Ghamsari, head of Blend and a director, sold 24,272 shares in an open-market transaction on Oct 5, 2026. The filing reports a weighted average sale price of $1.02 per share and a total value of $24,660.

Key details

• Transaction date and price: Oct 5, 2026; weighted average price $1.02 per share (range $1.00 to $1.04 per share). Total reported proceeds $24,660.
• Shares owned after the transaction: not reported in the Form 4 provided.
• Footnotes: F1 — sale effected pursuant to a Rule 10b5-1 trading plan adopted Jun 15, 2026. F2 — weighted average sale price represents a range of $1.00 to $1.04 per share; the filer says it will provide a breakdown on request.
• Form filed: Oct 7, 2026.

Why it may matter

• This was an open-market sale executed under a Rule 10b5-1 plan; it was not an option exercise or a gift.
• Transaction code: S (Sale).
• This filing does not show why the insider traded or why the company acted.