Blend Labs Director Gerald Chen's Restricted Stock Unit Vesting and Share Acquisition

This SEC Form 4 filing reports that Gerald C. Chen, a director of Blend Labs, Inc. (BLND), had 50,000 restricted stock units (RSUs) vest on June 11, 2026. The RSUs converted into Class A Common Stock at a price of $0.00 per share. Following this transaction, Chen directly owns 137,760 shares of Class A Common Stock. Additionally, Chen has indirect ownership of 10,035,191 shares through Greylock 15 Limited Partnership, Greylock 15 Principals Limited Partnership, and Greylock 15-A Limited Partnership, where he serves as a managing member of the general partner. The RSUs vested on the earlier of the one-year anniversary of the grant date or the day prior to the company's next annual shareholder meeting, subject to continued service. This filing represents a routine equity award vesting for a company director.