Blend Labs, Inc. — Director's Dealing 2025

Aug 23, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blend Labs, Inc. (BLND)
CIK: 0001855747
Period of Report: 2025-08-20

Reporting Person: Ling Winnie (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-20	Class A Common Stock	M	50000	—	Acquired	422018	Direct
2025-08-20	Class A Common Stock	M	31250	—	Acquired	453268	Direct
2025-08-20	Class A Common Stock	F	32637	$3.01	Disposed	420631	Direct
2025-08-22	Class A Common Stock	S	4000	$3.50	Disposed	416631	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-08-20	Restricted Stock Units	$	M	50000	Disposed		Class A Common Stock (50000)	Direct
2025-08-20	Restricted Stock Units	$	M	31250	Disposed		Class A Common Stock (31250)	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.

F2: Shares were withheld to cover tax obligations in connection with the vesting of RSUs.

F3: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.

F4: The RSUs vested in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.

F5: The RSUs will vest in equal quarterly increments over a two year period, subject to the Reporting Person continuing to be a Service Provider through each such date.