Company: BLND
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001855747-25-000017
Chunk: 124

Company: Blend Labs, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 5
Chunk 124
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 common stock and in each index of $100 on July 16, 2021.

The performance graph and table are based on historical results and are not intended to be indicative of future performance. The performance graph and table shall not be deemed “soliciting material” or to be “filed” with the SEC for purposes of Section 18 of the  Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act or the Exchange Act.

58

COMPARISON OF CUMULATIVE TOTAL RETURN SINCE IPO 

Among Blend Labs, Inc., the Russell 2000 Index and the S&P 1500 Application Software Index.

Purchases of Equity Securities by the Issuer and Affiliated Purchasers

The following table summarizes the share repurchase activity for the three months ended December 31, 2024:

PeriodTotal Number of Shares Purchased(in thousands)(1)Average Price Paid Per ShareTotal Number of Shares Purchased as Part of Publicly Announced Programs (in thousands)(1)Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program(in millions)(1)October 1-31— — — 25 November 1-30— — — 25 December 1-31— — — 25 

 (1) On August 6, 2024, our board of directors authorized the repurchase of up to $25.0 million of our Class A common stock. In connection with this authorization, we have entered into Rule 10b5-1 plans. As of December 31, 2024, no repurchases have been made under the program. Refer to Note 11, Stockholders Equity, of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K, for additional information.