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BlackLine (BL) CCO has 1,941 shares withheld for RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BLACKLINE, INC. (BL) reported that Chief Customer Officer Jimmy C. Duan had common shares withheld on August 20, 2026 to cover tax obligations from vesting equity awards. Two code F transactions disposed of a total of 1,941 shares of common stock at $31.92 per share through tax-withholding.

The company notes these shares were withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units, and the filing does not reflect any open-market purchases or sales.

Positive

  • None.

Negative

  • None.
Insider Duan Jimmy C
Role Chief Customer Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1 1,190 $31.92 $38K
Tax Withholding Common Stock F1 751 $31.92 $24K
Holdings After Transaction: Common Stock — 119,907 shares (Direct)
Footnotes (1)
  1. F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
Shares withheld (first transaction) 1,190 shares of Common Stock Code F tax-withholding on August 20, 2026 at $31.92 per share
Shares withheld (second transaction) 751 shares of Common Stock Code F tax-withholding on August 20, 2026 at $31.92 per share
Total shares used for tax liability 1,941 shares of Common Stock ExercisePriceOrTaxLiabilityShares across two code F transactions
Tax-withholding reference price $31.92 per share Price applied to both Common Stock transactions on August 20, 2026
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"withheld to cover the Reporting Person's tax liability in connection"
withheld financial
"The reported shares were withheld to cover the Reporting Person's"

FAQ

What insider transaction did BL disclose for Jimmy C. Duan on August 20, 2026?
BL disclosed that 1,941 shares of common stock were disposed of via tax withholding for Jimmy C. Duan on August 20, 2026, in connection with the vesting of restricted stock units, using transaction code F.

How many BL shares were withheld in each Form 4 transaction for Jimmy C. Duan?
Two transactions occurred: one withheld 1,190 shares and the other withheld 751 shares of BL common stock, for a combined total of 1,941 shares, all reported under transaction code F.

At what price were Jimmy C. Duan’s BL shares valued for the tax-withholding on August 20, 2026?
Both Form 4 entries for Jimmy C. Duan use a price of $31.92 per share for the BL common stock withheld to satisfy his tax liability upon vesting of restricted stock units.

Was Jimmy C. Duan’s BL Form 4 filed under a Rule 10b5-1 trading plan?
No. The filing’s 10b5-1 checkbox is not checked, and there is no footnote indicating that Jimmy C. Duan’s August 20, 2026 tax-withholding transactions were executed pursuant to a Rule 10b5-1 trading plan.

Were Jimmy C. Duan’s BL transactions open-market sales?
No. The Form 4 describes code F transactions as payment of tax liability by delivering or withholding securities, and a footnote states the shares were withheld to cover tax liability tied to vesting restricted stock units, not open-market sales.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Duan Jimmy C
(Last)(First)(Middle)
21300 VICTORY BLVD., 12TH FLOOR
(Street)
WOODLAND HILLS CALIFORNIA 91367
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
BLACKLINE, INC. [ BL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Customer Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026F1,190(1)D$31.92120,658D
Common Stock08/20/2026F751(1)D$31.92119,907D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
/s/ Karole Morgan-Prager, Attorney-in-Fact08/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR