Nima Ghamsari, Head of Blend and a director and officer of Blend Labs, Inc., filed a Form 4 on October 28, 2026, reporting the sale of 21,368 shares of Class A Common Stock on October 26, 2026.

Key Highlights

  • Reporting person: Nima Ghamsari, listed as a director and officer with the title Head of Blend at Blend Labs, Inc. (NASDAQ:BLND).
  • Shares disposed: 21,368 shares of Class A Common Stock sold on October 26, 2026, with transaction code S (sale).
  • Weighted average price: $1.119 per share, with individual sale prices ranging from $1.095 to $1.155 per share.
  • Remaining ownership: 7,729,325 shares of Class A Common Stock held directly following the reported transaction.
  • Rule 10b5-1 plan: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Ghamsari on June 15, 2026.

Ghamsari's October 2026 Share Sale Under Pre-Established Trading Plan

According to the filing, Nima Ghamsari disposed of 21,368 shares of Blend Labs, Inc. Class A Common Stock on October 26, 2026. The filing identifies Ghamsari as both a director and an officer of the company, with the title Head of Blend. The transaction was reported on NASDAQ:BLND and signed by Kostian Ciko as attorney-in-fact on October 28, 2026.

The filing states that the reported sale price of $1.119 represents the weighted average of sales executed within a range of $1.095 to $1.155 per share. The filing further notes that, upon request by the Commission staff, the issuer, or a security holder, Ghamsari will provide full information regarding the number of shares sold at each separate price within that range. No derivative securities transactions were reported in Table II of the filing.

The filing indicates the sales were made pursuant to a Rule 10b5-1 trading plan that Ghamsari adopted on June 15, 2026. Following the reported transaction, Ghamsari directly holds 7,729,325 shares of Class A Common Stock. The filing was made by one reporting person, and no indirect beneficial ownership was reported.

What Was Disclosed

The Form 4 discloses a sale of 21,368 Class A Common Stock shares by Blend Labs director and officer Nima Ghamsari on October 26, 2026, at a weighted average price of $1.119 per share, under a pre-established Rule 10b5-1 plan adopted June 15, 2026.