BlackLine (BL) founder Tucker logs 27,072-share bona fide stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLACKLINE, INC. founder and director Therese Tucker reported a disposition of common stock through a bona fide gift. An entity associated with her, the Tucker Family CLAT, transferred 27,072 shares of BlackLine common stock as a charitable gift at no stated price per share.
The filing also updates Tucker’s post-transaction holdings across various direct and trust accounts. Following these updates, she held 351,128 shares directly and, for example, 1,509,881 shares indirectly through the Brian and Therese Tucker Living Trust, along with additional shares in several other family and charitable trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
27,072 shares gifted
Mixed
12 txns
Insider
Tucker Therese
Role
Founder
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 27,072 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 52,444 shares (Indirect, Tucker Family CLAT);
Common Stock — 351,128 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Therese Tucker report for BLACKLINE, INC. (BL)?
Therese Tucker reported a bona fide gift of BlackLine common stock. An entity associated with her, the Tucker Family CLAT, transferred 27,072 shares as a charitable gift, with no purchase or sale of shares for cash reported in this filing.
Was the BlackLine (BL) insider Form 4 a buy or sell transaction?
The Form 4 reports a disposition by gift, not an open-market buy or sell. The Tucker Family CLAT transferred 27,072 BlackLine shares as a bona fide gift, so no sale proceeds or purchase costs are disclosed in connection with this transaction.
What are Therese Tucker’s direct BlackLine (BL) holdings after this Form 4?
Following the reported transactions, Therese Tucker directly held 351,128 shares of BlackLine common stock. Additional shares are held indirectly through several family trusts, charitable remainder trusts, and grantor-retained annuity trusts disclosed in the same Form 4 filing.
Does the BlackLine (BL) Form 4 show any insider selling for cash?
No cash sales are reported. The only transaction coded with a direction is a bona fide gift of 27,072 shares by the Tucker Family CLAT. Other lines in the filing update post-transaction holdings for Tucker’s direct and indirect ownership positions.