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Therese Tucker to advise BlackLine (Nasdaq: BL) under consulting deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

BlackLine, Inc. entered into an Executive Consulting Agreement with founder and director Therese Tucker effective July 31, 2026. Under the agreement, she will provide business advisory and consulting services pursuant to Statements of Work, at an hourly rate of $450 plus reimbursement of customary work- and travel-related expenses.

The arrangement may be terminated by either party on 30 days’ written notice and includes customary confidentiality and intellectual property covenants. Tucker had previously announced her retirement from full-time employment effective June 2, 2026, and this agreement outlines her continuing role with the company as a consultant.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Consulting fee $450 per hour Hourly rate payable to Therese Tucker under the Executive Consulting Agreement
Agreement effective date July 31, 2026 Effective Date of the Executive Consulting Agreement with Therese Tucker
Retirement effective date June 2, 2026 Date Therese Tucker’s retirement from full-time employment became effective
Retirement announcement date March 24, 2026 Date on which Therese Tucker announced her retirement from full-time employment
Termination notice period 30 days Written notice period required for either party to terminate the Consulting Agreement
Executive Consulting Agreement regulatory
"entered into an executive consulting agreement (the "Consulting Agreement")"
Statement of Work financial
"continuing for the period set forth in any outstanding Statement of Work"
A statement of work (SOW) is a written agreement that spells out what work will be done, who will do it, when it will be finished, how success is measured, and how payment will be handled. Think of it as a detailed recipe and timeline for a project that both sides sign off on. For investors, an SOW matters because it creates predictable revenue and obligations, clarifies milestones and risks, and helps assess whether a company can deliver on contracts and meet financial forecasts.
confidentiality and intellectual property covenants regulatory
"contains customary confidentiality and intellectual property covenants"
Cover Page Interactive Data File technical
"104 | Cover Page Interactive Data File (embedded within the Inline XBRL document)"

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FAQ

What did BlackLine (BL) agree with founder Therese Tucker on July 31, 2026?
BlackLine entered into an Executive Consulting Agreement with founder and director Therese Tucker effective July 31, 2026. She will provide business advisory and consulting services under Statements of Work as a paid consultant to the company.

How much will BlackLine (BL) pay Therese Tucker under the consulting agreement?
BlackLine will pay Therese Tucker an hourly rate of $450 for consulting services. She will also receive reimbursement of customary work- and travel-related out-of-pocket expenses incurred while performing services for the company.

Can the consulting agreement between BlackLine (BL) and Therese Tucker be terminated?
Yes. The Executive Consulting Agreement may be terminated by either BlackLine or Therese Tucker upon 30 days’ written notice. The agreement also includes customary confidentiality and intellectual property covenants protecting the company’s information and work product.

How does the new consulting role relate to Therese Tucker’s retirement from BlackLine (BL)?
Therese Tucker had announced her retirement from full-time employment effective June 2, 2026. Following that transition, the July 31, 2026 consulting agreement defines her ongoing role with BlackLine as a part-time business advisor and consultant.
0001666134FALSE00016661342026-07-312026-07-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________
FORM 8-K
__________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
July 31, 2026
__________________________
BLACKLINE, INC.
(Exact name of registrant as specified in its charter)
__________________________
Delaware001-3792446-3354276
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification Number)
21300 Victory Boulevard, 12th Floor
Woodland Hills, California 91367
(Address of principal executive offices) (Zip Code)
(818) 223-9008
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
__________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Common Stock, $0.01, par valueBLThe Nasdaq Global Select Market


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o


Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 31, 2026 (the “Effective Date”), the BlackLine, Inc. (the “Company”) entered into an executive consulting agreement (the “Consulting Agreement”) with Therese Tucker, Founder and a member of the Company’s Board of Directors, pursuant to which she will be engaged by the Company to provide certain business advisory and consulting services, commencing on the Effective Date and continuing for the period set forth in any outstanding Statement of Work to the Consulting Agreement. Ms. Tucker will receive (i) an hourly rate of $450 and (ii) reimbursement of customary work and travel-related out-of-pocket expenses. The Consulting Agreement may be terminated by either party at any time upon 30 days’ written notice and contains customary confidentiality and intellectual property covenants.
As previously disclosed, on March 24, 2026, Ms. Tucker announced her retirement from full-time employment with the Company effective June 2, 2026.
The foregoing description of the Consulting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Consulting Agreement, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated by reference herein.
Item 9.01    Financial Statements and Exhibits.

(d)    Exhibits
Exhibit
Number		Description
10.1
Executive Consulting Agreement, dated July 31, 2026, by and between BlackLine Systems, Inc. and Therese Tucker
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1

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BLACKLINE, INC.
Date: August 3, 2026By:/s/ Karole Morgan-Prager
Karole Morgan-Prager
Chief Legal and Administrative Officer
2

Source: View Original Filing on SEC EDGAR

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