Blend Labs (NYSE: BLND) Head of Revenue sells 25,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Blend Labs, Inc. executive Brian Kneafsey, Head of Revenue, reported a planned sale of company stock. On January 15, 2026, he sold 25,000 shares of Blend Labs Class A common stock at an average price of $3.0568 per share, as disclosed in a Form 4 insider trading report. The transaction was executed under a Rule 10b5-1 trading plan that he adopted on March 14, 2025, which is designed to allow pre-scheduled trades. After this sale, he beneficially owns 649,824 shares of Class A common stock directly.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 25,000 | $3.0568 | $76K |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. This sale price represents the weighted average sale price of the shares sold ranging from $3.035 to $3.10 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
FAQ
What insider transaction did BLND executive Brian Kneafsey report?
Brian Kneafsey, Head of Revenue at Blend Labs, Inc. (BLND), reported selling 25,000 shares of Class A common stock on January 15, 2026 in a Form 4 filing.
Was the BLND insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted by Brian Kneafsey on March 14, 2025.
Who is the reporting person in this Blend Labs Form 4 filing?
The reporting person is Brian Kneafsey, who serves as Head of Revenue at Blend Labs, Inc. and is an officer but not a director or 10% owner.
How is the ownership characterized in this BLND Form 4 transaction?
The Form 4 lists the Class A common stock sold and held as direct (D) ownership, with no indirect ownership entity noted in the filing excerpt.