Amendment: SEC Form SC 13G/A filed by Blend Labs Inc.

11/4/24 11:26:46 AM ET

Computer Software: Programming Data Processing

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SC 13G/A 1 UnitedStates_13G__BlendLabsI.txt 240.13d-102 Schedule 13G - Information to be included in statements filed pursuant to 240.13d-1(b), (c), and (d) and amendments thereto filed pursuant to 240.13d-2. Securities and Exchange Commission, Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. )* (Name of Issuer) Blend Labs Inc (Title of Class of Securities) Common Stock (CUSIP Number) 09352U108 (Date of Event Which Requires Filing of this Statement) September 30, 2024 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: X Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, an* d for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 ( Act ) or otherwise subject to the liabilities of that section of * the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 09352U108 (1) Names of reporting persons The Vanguard Group (2) Check the appropriate box if a member of a group (a) (see instructions) (b) X (3) SEC use only (4) Citizenship or place of organization Pennsylvania Number of shares beneficially owned by each reporting person with: (5) Sole voting power 0 (6) Shared voting power 445,383 (7) Sole dispositive power 15,794,348 (8) Shared dispositive power 628,579 (9) Aggregate amount beneficially owned by each reporting person 16,422,927 (10) Check if the aggregate amount in Row (9) excludes certain shares (see instructions) (11) Percent of class represented by amount in Row (9) 6.58% (12) Type of reporting person (see instructions) IA Item 1(a) Name of issuer: Blend Labs Inc Item 1(b) Address of issuer's principal executive offices: 415 Kearny Street San Francisco, CA 94108 Items 2(a)-2(c). Name, Address Of principal business office, and Citizenship of* persons filing: The Vanguard Group - 23-1945930 100 Vanguard Blvd. Malvern, PA 19355 2(d) Title of class of securities: Common Stock 2(e) CUSIP Number: 09352U108 Item 3. This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E). Item 4. Ownership As of the close of business on September 30, 2024: (a) Aggregate amount beneficially owned: 16,422,927 (b) Percent of class: 6.58% (c) Number of shares as to which person has: 1. The Vanguard Group (a) Amount beneficially owned: 16,422,927 (b) Percent of class: 6.58% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 445,383 (iii) Sole power to dispose or to direct the disposition of: 15,794,348 (iv) Shared power to dispose or to direct the disposition of: 628,579 Item 5.Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following . Item 6. Ownership of More than 5 Percent on Behalf of Another Person. The Vanguard Group, Inc.'s clients, including investment companies registered u* nder the Investment Company Act of 1940 and other managed accounts, have the ri* ght to receive or the power to direct the receipt of dividends from, or the pro* ceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5* %. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reporting o

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Date	Price Target	Rating	Analyst
12/18/2024	$7.00	Mkt Outperform	JMP Securities
8/12/2024	$3.00 → $4.75	Hold → Buy	Canaccord Genuity
8/9/2024		Mkt Perform → Outperform	William Blair
12/20/2023	$1.50 → $3.50	Equal Weight → Overweight	Wells Fargo
11/14/2022	$2.25	Underperform → Mkt Perform	Keefe Bruyette
7/25/2022	$4.00 → $2.75	Mkt Perform → Underperform	Keefe Bruyette
7/7/2022		Overweight → Sector Weight	KeyBanc Capital Markets
5/25/2022	$4.20	Neutral	Compass Point

Amendment: SEC Form SC 13G/A filed by Blend Labs Inc.

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Insider Trading

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Head of Revenue Kneafsey Brian sold $145,269 worth of shares (45,000 units at $3.23), decreasing direct ownership by 5% to 826,598 units (SEC Form 4)

HEAD OF BLEND Ghamsari Nima acquired 119,850 shares and sold $405,265 worth of shares (119,850 units at $3.38) (SEC Form 4)

Director Mayopoulos Timothy J converted options into 50,000 shares, increasing direct ownership by 15% to 381,130 units (SEC Form 4)

Amendment: SEC Form SC 13G/A filed by Blend Labs Inc.

Chat with this insight

Recent Analyst Ratings for $BLND

$BLND Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Head of Revenue Kneafsey Brian sold $145,269 worth of shares (45,000 units at $3.23), decreasing direct ownership by 5% to 826,598 units (SEC Form 4)

HEAD OF BLEND Ghamsari Nima acquired 119,850 shares and sold $405,265 worth of shares (119,850 units at $3.38) (SEC Form 4)

Director Mayopoulos Timothy J converted options into 50,000 shares, increasing direct ownership by 15% to 381,130 units (SEC Form 4)

Recent Analyst Ratings for
$BLND

$BLND
Insider Trading