BlackLine (NASDAQ: BL) affiliate plans 70,000-share stock sale
Rhea-AI Filing Summary
BLACKLINE, INC. (BL) reported that an affiliated individual, for whose account securities are held at Fidelity Brokerage Services LLC, has filed a notice of intent under Rule 144 to sell 70,000 shares of common stock. The shares relate to a stock option exercise for cash, with an approximate sale date of August 24, 2026 on NASDAQ.
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Key Figures
Shares to be sold: 70,000 shares of common stock
Aggregate market value: $2,236,957.08
Shares outstanding: 58,125,270 shares
+1 more
4 metrics
Shares to be sold
70,000 shares of common stock
Number of BLACKLINE, INC. shares covered by the Rule 144 notice
Aggregate market value
$2,236,957.08
Aggregate market value of the 70,000 BLACKLINE, INC. shares to be sold
Shares outstanding
58,125,270 shares
BLACKLINE, INC. shares outstanding referenced in the Form 144
Approximate sale date
08/24/2026
Approximate date of proposed sale of BLACKLINE, INC. shares
Key Terms
Rule 144, aggregate market value, stock option exercise
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... 70000 | 2236957.08"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
stock option exercise financial
"Common | 08/24/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
FAQ
What does this Form 144 filing mean for BLACKLINE, INC. (BL)?
A person associated with BLACKLINE, INC. filed a Rule 144 notice indicating an intent to sell 70,000 shares of common stock through Fidelity Brokerage Services LLC. This is a disclosure of a potential sale, not a confirmation that the sale has occurred.
AI-generated analysis. How Rhea-AI works. Not financial advice.