BlackLine Form 4 shows new RSU and PRSU grants to CEO

Q: What insider transaction did BlackLine (BL) report in this Form 4?

The company reported that its CEO and director acquired 33,330 shares of common stock at $0 on November 25, 2025 , through an equity award.

Q: What performance-based equity award did the BlackLine (BL) executive receive?

The executive received 33,330 performance-based restricted stock units (PRSUs) , each representing the right to receive shares of BlackLine common stock based on future performance.

Q: How will the BlackLine (BL) PRSUs vest based on 2026 performance?

The PRSUs will vest based on performance objectives for calendar 2026 that will be established by the compensation committee for annual equity grants to executives.

Q: What happens if BlackLine (BL) does not set PRSU performance metrics by June 1, 2026?

If performance metrics are not established prior to June 1, 2026 , 1/6th of the PRSUs will vest on February 20, 2027 and February 20, 2028 , with the remaining PRSUs vesting on February 20, 2029 , subject to continued service.

Q: What is the vesting schedule for the time-based RSUs reported for BlackLine (BL)?

For the RSUs, 25% will vest on the one-year anniversary of November 20, 2025 , and 1/16th of the RSUs will vest every three months thereafter, subject to continued service.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BlackLine, Inc. (BL) disclosed that its CEO and director received new equity awards. On November 25, 2025, the reporting person acquired 33,330 shares of common stock at a price of $0, increasing direct beneficial ownership to 247,566 shares.

The filing also reports a grant of 33,330 performance-based restricted stock units (PRSUs). The number of common shares ultimately delivered will depend on performance objectives for calendar 2026 set by the compensation committee. If performance metrics are not established by June 1, 2026, the PRSUs will vest in tranches on February 20, 2027, February 20, 2028, and February 20, 2029, subject to continued service.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ryan Owen

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Performance-Based Restricted Stock Units	33,330	$0.00	--
Grant/Award	Common Stock	33,330	$0.00	--

Holdings After Transaction: Performance-Based Restricted Stock Units — 33,330 shares (Direct); Common Stock — 247,566 shares (Direct)

Footnotes (1)

Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on the one (1) year anniversary of November 20, 2025 (the "RSU Vesting Commencement Date"), and 1/16th of the RSUs will vest every three months thereafter on the same day of the month as the RSU Vesting Commencement Date, subject to the Reporting Person's continued service through each applicable vesting date. Each Performance-Based Restricted Stock Unit ("PRSU") represents the right to receive a number of shares of the Issuer's common stock to be determined based on the achievement of certain performance objectives. The PRSUs will vest based on the targets that will be established by the Compensation Committee of the Board of Directors of the Issuer for performance-based annual equity grants for the Issuer's executives for calendar 2026; provided, however, that if performance metrics are not established for the PRSU grants for the Issuer's executives for calendar 2026 prior to June 1, 2026, 1/6th of the PRSUs will vest on each of February 20, 2027 and February 20, 2028, with the remaining PRSUs to vest on February 20, 2029, subject to the Reporting Person's continued service through each applicable vesting date.

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Form 4 Insider Transactions: What Each Field Means →

11/26/2025 - 04:07 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ryan Owen

(Last)

(First)

(Middle)

21300 VICTORY BLVD., 12TH FLOOR

(Street)

WOODLAND HILLS

91367

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BLACKLINE, INC. [ BL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/25/2025		A		33,330⁽¹⁾	A	$0	247,566	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance-Based Restricted Stock Units	⁽²⁾	11/25/2025		A		33,330		⁽²⁾	⁽²⁾	Common Stock	⁽²⁾	$0	33,330	D

Explanation of Responses:

1. Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on the one (1) year anniversary of November 20, 2025 (the "RSU Vesting Commencement Date"), and 1/16th of the RSUs will vest every three months thereafter on the same day of the month as the RSU Vesting Commencement Date, subject to the Reporting Person's continued service through each applicable vesting date.

2. Each Performance-Based Restricted Stock Unit ("PRSU") represents the right to receive a number of shares of the Issuer's common stock to be determined based on the achievement of certain performance objectives. The PRSUs will vest based on the targets that will be established by the Compensation Committee of the Board of Directors of the Issuer for performance-based annual equity grants for the Issuer's executives for calendar 2026; provided, however, that if performance metrics are not established for the PRSU grants for the Issuer's executives for calendar 2026 prior to June 1, 2026, 1/6th of the PRSUs will vest on each of February 20, 2027 and February 20, 2028, with the remaining PRSUs to vest on February 20, 2029, subject to the Reporting Person's continued service through each applicable vesting date.

	/s/ Karole Morgan-Prager, Attorney-in-Fact	11/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did BlackLine (BL) report in this Form 4?

The company reported that its CEO and director acquired 33,330 shares of common stock at $0 on November 25, 2025, through an equity award.

How many BlackLine (BL) shares does the reporting person now beneficially own?

Following the reported transaction, the reporting person beneficially owns 247,566 shares of BlackLine common stock in direct ownership.

What performance-based equity award did the BlackLine (BL) executive receive?

The executive received 33,330 performance-based restricted stock units (PRSUs), each representing the right to receive shares of BlackLine common stock based on future performance.

How will the BlackLine (BL) PRSUs vest based on 2026 performance?

The PRSUs will vest based on performance objectives for calendar 2026 that will be established by the compensation committee for annual equity grants to executives.

What happens if BlackLine (BL) does not set PRSU performance metrics by June 1, 2026?

If performance metrics are not established prior to June 1, 2026, 1/6th of the PRSUs will vest on February 20, 2027 and February 20, 2028, with the remaining PRSUs vesting on February 20, 2029, subject to continued service.

What is the vesting schedule for the time-based RSUs reported for BlackLine (BL)?

For the RSUs, 25% will vest on the one-year anniversary of November 20, 2025, and 1/16th of the RSUs will vest every three months thereafter, subject to continued service.