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: Jafari Amir (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-20	Class A Common Stock	M	125000	—	Acquired	1037288	Direct
2025-05-20	Class A Common Stock	M	37500	—	Acquired	1074788	Direct
2025-05-20	Class A Common Stock	M	93750	—	Acquired	1168538	Direct
2025-05-20	Class A Common Stock	F	130126	$3.65	Disposed	1038412	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-20	Restricted Stock Units	$	M	125000	Disposed		Class A Common Stock (125000)	Direct
2025-05-20	Restricted Stock Units	$	M	37500	Disposed		Class A Common Stock (37500)	Direct
2025-05-20	Restricted Stock Units	$	M	93750	Disposed		Class A Common Stock (93750)	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: 25% of the RSUs vested on February 20, 2024 and the remaining RSUs will vest in equal quarterly increments over a three year period, subject to the Reporting Person continuing to be a Service Provider through each such date.

F4: 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.