A Form 4 filed with the SEC on September 23, 2026 discloses that Nima Ghamsari, Head of Blend and director at Blend Labs, Inc. (NYSE:BLND), sold 21,009 shares of Class A Common Stock on September 21, 2026 under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Shares sold: 21,009 shares of Class A Common Stock disposed of on September 21, 2026.
  • Weighted average price: $1.191 per share, with individual sale prices ranging from $1.18 to $1.20 per share.
  • Remaining ownership: 7,850,361 shares of Class A Common Stock held directly following the transaction.
  • Trading plan: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Ghamsari on June 15, 2026.
  • Roles: Ghamsari is identified in the filing as both a director and an officer with the title Head of Blend.

Ghamsari Share Sale Details and Post-Transaction Ownership at Blend Labs

According to the filing, Nima Ghamsari disposed of 21,009 shares of Blend Labs, Inc. Class A Common Stock on September 21, 2026, using transaction code "S" (sale). The weighted average sale price is reported as $1.191 per share. The filing notes that the actual per-share prices ranged from $1.18 to $1.20, and that full information on the number of shares sold at each separate price will be provided upon request by the Commission staff, the issuer, or a security holder.

The filing discloses that the transaction was carried out under a Rule 10b5-1 trading plan that Ghamsari adopted on June 15, 2026. The Form 4 indicates this by checking the relevant box stating that the transaction was "made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)." Following the reported sale, Ghamsari directly holds 7,850,361 shares of Class A Common Stock, according to the filing.

No derivative securities transactions are reported in Table II of the filing. The Form 4 was signed by Kostian Ciko as attorney-in-fact on September 23, 2026, and reflects direct ownership for all positions reported.

What Was Disclosed

The filing reports a single sale of 21,009 shares of Blend Labs Class A Common Stock by director and Head of Blend Nima Ghamsari at a weighted average price of $1.191, executed under a pre-established Rule 10b5-1 plan, leaving him with 7,850,361 shares held directly.