BlackLine (BL) director Scott Davidson receives 6,416-share RSU board grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLACKLINE, INC. director Scott Davidson received an automatic equity grant in the form of restricted stock units. He was awarded 6,416 shares of common stock with no cash paid per share as a grant or award acquisition, increasing his direct holdings to 10,860 shares.
The RSUs were granted on May 7, 2026 under the company’s Outside Director Compensation Policy. They vest in full on the earlier of one year after the grant date or the day before BlackLine’s next annual stockholder meeting, subject to Davidson’s continued service on the board through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davidson Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,416 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,860 shares (Direct, null)
Footnotes (1)
- Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy. The reported securities awarded on May 7, 2026 (the "Award Date") represent RSUs which vest in full upon the earlier of the one (1) year anniversary of the Award Date or the day prior to the Issuer's next annual meeting of the stockholders and in each case subject to the Reporting Person's continued service on the Issuer's board of directors through each vesting date.
Key Figures
RSU grant size: 6,416 shares
Grant price: $0.00 per share
Post-grant holdings: 10,860 shares
+1 more
4 metrics
RSU grant size
6,416 shares
Restricted stock units awarded on May 7, 2026
Grant price
$0.00 per share
Non-cash director RSU award
Post-grant holdings
10,860 shares
Common stock directly owned after transaction
Vesting schedule
Full vest by earlier of 1 year or pre-meeting
Earlier of one-year from May 7, 2026 or day before next annual stockholder meeting
Key Terms
restricted stock unit, RSU, Outside Director Compensation Policy, vest in full
4 terms
restricted stock unit financial
"represent RSUs which vest in full upon the earlier of the one (1) year anniversary"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU financial
"automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Outside Director Compensation Policy financial
"automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy"
vest in full financial
"RSUs which vest in full upon the earlier of the one (1) year anniversary"
FAQ
What insider transaction did BlackLine (BL) director Scott Davidson report?
Scott Davidson reported an equity grant of 6,416 restricted stock units in BlackLine common stock. The award is a non-cash grant under the Outside Director Compensation Policy and increases his direct holdings to 10,860 shares following the transaction.
What type of equity award did Scott Davidson receive from BlackLine (BL)?
Scott Davidson received an automatic annual restricted stock unit award covering 6,416 shares of BlackLine common stock. The grant was made at no cash cost per share, consistent with the company’s Outside Director Compensation Policy for board members.
When do Scott Davidson’s new BlackLine (BL) RSUs vest?
The 6,416 RSUs granted to Scott Davidson vest in full on the earlier of the one-year anniversary of May 7, 2026 or the day prior to BlackLine’s next annual stockholder meeting, assuming he continues serving on the board through the applicable vesting date.
Is Scott Davidson’s BlackLine (BL) equity grant a market purchase or compensation?
The 6,416-share award is a compensation-related restricted stock unit grant, not an open-market purchase. It was issued at a stated price of $0.00 per share under BlackLine’s Outside Director Compensation Policy for non-employee members of the board.