BLND - Blend Labs Insider Trades Send a Signal | Benzinga
Nima Ghamsari, Head Blend at Blend Labs (NYSE:BLND), reported a large insider sell on October 3, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Ghamsari sold 111,940 shares of Blend Labs. The total transaction amounted to $152,842.
Blend Labs shares are trading down 4.99% at $1.14 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however ...