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Blend Labs, Inc. — Director's Dealing 2025
Jun 14, 2025
32251_dirs_2025-06-13_cbdbe2cf-c87d-493a-89b4-689a9541ecb3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Blend Labs, Inc. (BLND)
CIK: 0001855747
Period of Report: 2025-06-12
Reporting Person: Chen Gerald C. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-06-12 | Class A Common Stock | M | 50000 | — | Acquired | 87760 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-06-12 | Restricted Stock Units | $ | M | 50000 | Disposed | Class A Common Stock (50000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 9030775 | Indirect |
| Class A Common Stock | 501708 | Indirect |
| Class A Common Stock | 501708 | Indirect |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
F2: Shares are held of record by Greylock 15 Limited Partnership ("Greylock 15").
F3: Greylock 15 GP LLC ("Greylock LLC") is the general partner of each of Greylock 15, Greylock 15 Principals Limited Partnership ("Greylock Principals"), and Greylock 15-A Limited Partnership ("Greylock 15-A"). The Reporting Person disclaims beneficial ownership of all securities other than those he owns directly, if any, or by virtue of his indirect pro rata interest, as a managing member of Greylock LLC, in the Class A common stock owned by Greylock 15, Greylock Principals, and/or Greylock 15-A.
F4: Shares are held of record by Greylock Principals.
F5: Shares are held of record by Greylock 15-A.
F6: The RSUs will vest on the earlier of (i) the one year anniversary of the grant date, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.