Blend Labs, Inc.: head of Blend Ghamsari Nima sold 25,098 shares

What happened

• Ghamsari Nima, head of Blend and a director, sold 25,098 shares in an open market or private sale on Oct 12, 2026 for total proceeds of $24,471, at a weighted average price of $0.97 per share.

Key details

• Transaction date and price: Oct 12, 2026; weighted average sale price $0.97 per share (range $0.954 to $1.005 per share).
• Proceeds: $24,471.
• Shares owned after the transaction: the filing does not report shares owned after the transaction.
• Footnotes: F1 — the sale was effected pursuant to a Rule 10b5-1 trading plan adopted Jun 15, 2026. F2 — the reported $0.97 is a weighted average; the reporting person will provide the number of shares sold at each price within the disclosed range upon request.
• Filing date: Oct 14, 2026 (transaction reported for Oct 12, 2026).

Why it may matter

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