Blend Labs Director buys $421K in stock, following 56% annual decline

Brian N. Sheth, a director and ten percent owner of Blend Labs, acquired 268,606 shares of Class A Common Stock.

Haveli Brooks Aggregator, L.P. executed the transactions for a total of $421,334.

Sheth purchased the shares on June 3 and June 5, 2026.

The weighted average price for the June 3 purchase was $1.5649 per share.

The weighted average price for the June 5 purchase was $1.60 per share.

The stock price dropped 9.5% in the week preceding these transactions.

Blend Labs shares are currently trading 56% below their price from one year ago.