Haveli Investments, L.P. - Aug 18, 2025 Form 4 Insider Report for Blend Labs, Inc. (BLND)

Signature
Haveli Brooks Aggregator, L.P., By: Haveli Investments Software Fund I GP, LLC, its general partner, By: Whanau Interests LLC, its sole member, By: /s/ Brian N. Sheth, Title: Chief Executive Officer and Chief Investment Officer
Stock symbol
BLND
Transactions as of
Aug 18, 2025
Transactions value $
$1,650,932
Form type
4
Date filed
8/20/2025, 07:52 PM
Previous filing
Mar 12, 2025

Reporting Owners (7)

Name Relationship Address Signature Signature date CIK
Haveli Investments, L.P. Director, 10%+ Owner 405 COLORADO STREET, SUITE 1600, AUSTIN Haveli Brooks Aggregator, L.P., By: Haveli Investments Software Fund I GP, LLC, its general partner, By: Whanau Interests LLC, its sole member, By: /s/ Brian N. Sheth, Title: Chief Executive Officer and Chief Investment Officer 2025-08-20 0002022284
Haveli Brooks Aggregator, L.P. Director, 10%+ Owner 405 COLORADO STREET, SUITE 1600, AUSTIN Haveli Investments Software Fund I GP, LLC, By: Whanau Interests LLC, its sole member, By: /s/ Brian N. Sheth, Title: Managing Member 2025-08-20 0002022121
Haveli Investments Software Fund I GP, LLC Director, 10%+ Owner 405 COLORADO STREET, SUITE 1600, AUSTIN Haveli Software Management LLC, By: Haveli Investment Management LLC, its sole member, By: /s/ Brian N. Sheth, Title: Chief Executive Officer and Chief Investment Officer 2025-08-20 0002022122
Haveli Software Management LLC Director, 10%+ Owner 405 COLORADO STREET, SUITE 1600, AUSTIN Haveli Investment Management LLC, By: /s/ Brian N. Sheth, Title: Chief Executive Officer and Chief Investment Officer 2025-08-20 0002022117
Haveli Investment Management LLC Director, 10%+ Owner 405 COLORADO STREET, SUITE 1600, AUSTIN Haveli Investments, L.P., By: Whanau Interests LLC, its general partner, By: /s/ Brian N. Sheth, Title: Managing Member 2025-08-20 0002022286
Whanau Interests LLC Director, 10%+ Owner 405 COLORADO STREET, SUITE 1600, AUSTIN Whanau Interests LLC, By: /s/ Brian N. Sheth, Title: Managing Member 2025-08-20 0002022120
SHETH BRIAN NIRANJAN Director, 10%+ Owner 405 COLORADO STREET, SUITE 1600, AUSTIN /s/ Brian N. Sheth 2025-08-20 0001782665

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLND Class A Common Stock Purchase $115K +38.6K +1.24% $2.97 3.16M Aug 18, 2025 See footnotes F1, F4, F5
transaction BLND Class A Common Stock Purchase $878K +293K +9.26% $3.00 3.45M Aug 19, 2025 See footnotes F2, F4, F5
transaction BLND Class A Common Stock Purchase $658K +222K +6.44% $2.96 3.68M Aug 20, 2025 See footnotes F3, F4, F5
holding BLND Class A Common Stock 130K Aug 18, 2025 See footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.935 to $3.00, inclusive. The reporting person undertakes to provide Blend Labs, Inc. any security holder of Blend Labs, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.975 to $3.00, inclusive. The reporting person undertakes to provide Blend Labs, Inc. any security holder of Blend Labs, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.915 to $3.00, inclusive. The reporting person undertakes to provide Blend Labs, Inc. any security holder of Blend Labs, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 Represents securities held directly by Haveli Brooks Aggregator, L.P. ("Haveli Aggregator"). Haveli Investments Software Fund I GP, LLC ("Haveli Investments Software GP"), is the general partner of Haveli Aggregator. Whanau Interests LLC ("Whanau") is the sole member of Haveli Investments Software GP. Haveli Software Management LLC ("Haveli Software Management") is the investment adviser to Haveli Investments Software GP. Haveli Investment Management LLC ("Haveli Investment Management"), a Delaware limited liability company, is the sole member of Haveli Software Management. Haveli Investments, L.P. ("Haveli Investments") is the sole member of Haveli Investment Management. Whanau is the general partner of Haveli Investments. Mr. Brian N. Sheth is managing member of Whanau.
F5 As a result, Haveli Investments Software GP, Whanau, Haveli Software Management, Haveli Investments, Haveli Investment Management and Mr. Sheth may each be deemed to share voting and dispositive power with respect to the securities held by Haveli Aggregator. Haveli Investments Software GP, Whanau, Haveli Software Management, Haveli Investments, Haveli Investment Management and Mr. Sheth each disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
F6 Held through a family trust of which Mr. Sheth's spouse is the trustee.