Blend Labs, Inc. — Director's Dealing 2025

May 23, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blend Labs, Inc. (BLND)
CIK: 0001855747
Period of Report: 2025-05-20

Reporting Person: Ling Winnie (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-20	Class A Common Stock	M	50000	—	Acquired	390059	Direct
2025-05-20	Class A Common Stock	M	31250	—	Acquired	421309	Direct
2025-05-20	Class A Common Stock	F	29291	$3.65	Disposed	392018	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-20	Restricted Stock Units	$	M	50000	Disposed		Class A Common Stock (50000)	Direct
2025-05-20	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 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.