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[144] Blend Labs, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Blend Labs, Inc. (BLND) filed a Form 144 reporting a proposed sale of 20,000 common shares through Charles Schwab & Co., Inc. with an aggregate market value of $80,100.00. The shares represent a small portion of the company's outstanding common stock of 255,696,747 shares. The filing lists an approximate sale date of 09/05/2025. The shares were acquired on 06/10/2025 by restricted stock lapse from Blend Labs, Inc., and the consideration is listed as equity compensation. No related sales by the same person in the past three months are reported.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine insider notice of planned sale of restricted shares; size is immaterial relative to outstanding stock.

The filing documents a notification under Rule 144 for the proposed sale of 20,000 common shares acquired by restricted stock lapse and designated as equity compensation. The broker is Charles Schwab & Co., Inc. Given the issuer's stated outstanding share count of 255,696,747, the proposed sale equals roughly 0.0078% of outstanding shares, indicating limited direct market impact. The filer reports no other sales in the prior three months, and the notice includes the standard representation about absence of undisclosed material adverse information.

TL;DR: Compliance-focused disclosure; represents standard post-vesting sale notification under Rule 144.

This Form 144 appears to be a compliance filing following lapse of restrictions on equity compensation. It records acquisition and planned disposition details required by Rule 144, including acquisition date, nature of acquisition, payment type, broker, and approximate sale date. The document contains no indication of negative governance events or unusual trading arrangements; it follows typical disclosure practice for insiders selling vested equity.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Blend Labs' (BLND) Form 144 report?

It reports a proposed sale of 20,000 common shares with aggregate market value of $80,100, to be executed through Charles Schwab & Co., Inc.

When were the shares acquired that are being sold under the Form 144?

The shares were acquired on 06/10/2025 through a restricted stock lapse from Blend Labs, Inc.

What is the approximate sale date listed on the Form 144 for BLND?

The approximate date of sale is 09/05/2025 as stated in the filing.

How many shares outstanding does the Form 144 report for BLND?

The filing lists 255,696,747 shares outstanding of common stock.

Did the filer report other sales in the past three months?

No; the filing explicitly states 'Nothing to Report' for securities sold during the past three months.
Blend Labs Inc

NYSE:BLND

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Software - Application
Services-computer Programming, Data Processing, Etc.
Link
United States
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