On May 13, 2026, seven insiders at Blend Labs, Inc. (BLND) collectively acquired approximately $13.07 million worth of company stock. The purchases were executed at a price of $1.44 per share.
Among the buyers were Brian Niranjan Sheth and multiple entities associated with Haveli, including Haveli Software Management LLC, Whanau Interests LLC, Haveli Brooks Aggregator, L.P., Haveli Investments Software Fund I GP, LLC, Haveli Investments, L.P., and Haveli Investment Management LLC. Each of these insiders purchased 1,296,924 shares.
This coordinated buying activity by multiple insiders is often interpreted as a strong positive signal by market observers, suggesting a collective belief in the company's future prospects.