SEC Form 4 · accession 0001871516-26-000002
Blend Labs, Inc. · BLND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald C. Chen
Director
Period of report
Jun 11, 2026
Accepted (ET)
Jun 15, 2026 · 4:10 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001855747
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jun 11, 2026 | M | 50,000 | — | A | 137,760 | D | |
| Class A Common StockF2,F3 | holding | — | — | — | 9,030,775 | I | See footnote | |
| Class A Common StockF3,F4 | holding | — | — | — | 501,708 | I | See footnote | |
| Class A Common StockF3,F5 | holding | — | — | — | 501,708 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F6 | — | Jun 11, 2026 | M | 50,000 | D | — | — | Class A Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of BLND Class A Common Stock.
- F2Shares are held of record by Greylock 15 Limited Partnership ("Greylock 15").
- F3Greylock 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.
- F4Shares are held of record by Greylock Principals.
- F5Shares are held of record by Greylock 15-A.
- F6The RSUs vested 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.