BlackLine CCO reports PRSU vesting and share withholding
BLACKLINE, INC. chief commercial officer Stuart Van Houten reported equity award activity involving company common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
BLACKLINE, INC. chief commercial officer Stuart Van Houten reported equity award activity involving company common stock. A performance-based restricted stock unit grant vested, resulting in the acquisition of 8,979 shares at $36.15 per share, and 7,453 shares were withheld at the same price to cover tax liabilities. After these transactions, he directly owned 62,526 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 8,979 | $36.15 | $325K |
| Exercise Price or Tax Liability | Common Stock | 7,453 | $36.15 | $269K |
Footnotes (2)
- F1. The reported shares relate to the portion of a Performance Based Restricted Stock Unit ("PRSU") granted on April 2, 2025 that has vested based on the Issuer's achievement of certain fiscal 2025 performance targets that were set by the Compensation Committee at the time of grant.
- F2. The reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of PRSUs and restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BlackLine (BL) executive Stuart Van Houten report in this Form 4?
Was the BlackLine (BL) Form 4 transaction an open-market stock purchase or sale?
What type of award vested for BlackLine (BL) executive Stuart Van Houten?
AI-generated analysis. How Rhea-AI works. Not financial advice.