BlackLine CEO covers taxes with 6,699 shares

Rhea-AI Filing Summary

BLACKLINE, INC. Chief Executive Officer Ryan Owen reported tax-related share dispositions tied to equity compensation. On May 20, 2026, a total of 6,699 shares of common stock were withheld at $30.84 per share to cover his tax liabilities upon vesting of restricted stock units. These withholdings were not open-market sales and reflect standard administration of stock-based compensation, while Owen continues to hold a substantial direct position in BlackLine shares.

Insider Trade Summary

Exercise Price or Tax Liability: 6,699 shares

Exercise Price or Tax Liability 3 txns

Insider Ryan Owen

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,234	$30.84	$69K
Exercise Price or Tax Liability	Common Stock	2,027	$30.84	$63K
Exercise Price or Tax Liability	Common Stock	2,438	$30.84	$75K

Holdings After Transaction: Common Stock — 397,611 shares (Direct)

Footnotes (2)

1. F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
2. F2. Includes 459 shares acquired on May 8, 2026, through the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).

Key Figures

Tax-withheld shares: 6,699 shares Withholding price: $30.84 per share First withholding lot: 2,438 shares +4 more

7 metrics

Tax-withheld shares 6,699 shares Total shares withheld to cover tax liabilities on RSU vesting

Withholding price $30.84 per share Valuation used for tax-withholding dispositions on May 20, 2026

First withholding lot 2,438 shares Common stock withheld for taxes on May 20, 2026

Second withholding lot 2,027 shares Common stock withheld for taxes on May 20, 2026

Third withholding lot 2,234 shares Common stock withheld for taxes on May 20, 2026

Tax-withholding transactions 3 transactions Number of F-code tax-withholding dispositions reported

ESPP acquisition 459 shares Shares acquired May 8, 2026 under Employee Stock Purchase Plan

Key Terms

restricted stock units, Employee Stock Purchase Plan, tax-withholding disposition, Rule 16b-3(d), +1 more

5 terms

restricted stock units financial

"tax liability 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.

Employee Stock Purchase Plan financial

"acquired on May 8, 2026, through the Issuer's Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Rule 16b-3(d) regulatory

"transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)."

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

Rule 16b-3(c) regulatory

"transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)."

An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BlackLine (BL) CEO Ryan Owen report in this Form 4?

Ryan Owen reported tax-related dispositions of BlackLine common stock. A total of 6,699 shares were withheld by the company to satisfy tax liabilities arising from the vesting of restricted stock units, rather than from any open-market sale of shares.

How many BlackLine (BL) shares were withheld for Ryan Owen’s taxes?

A total of 6,699 BlackLine common shares were withheld. The shares were used to cover Ryan Owen’s tax obligations when restricted stock units vested, a routine mechanism for administering stock-based executive compensation without requiring a separate cash payment for taxes.

At what price were Ryan Owen’s BlackLine (BL) tax-withheld shares valued?

The tax-withheld BlackLine shares were valued at $30.84 per share. This price was used to determine how many shares to withhold to satisfy Ryan Owen’s tax liability related to the vesting of his restricted stock unit awards.

Were Ryan Owen’s BlackLine (BL) Form 4 transactions open-market stock sales?

No, the transactions were not open-market stock sales. All three line items were coded as F, meaning the 6,699 shares of BlackLine common stock were withheld solely to pay tax liabilities from restricted stock unit vesting, rather than discretionary sales into the market.

How many separate tax-withholding transactions did BlackLine (BL) report for Ryan Owen?

The filing shows three separate tax-withholding transactions. Each entry reflects common shares withheld on May 20, 2026, to cover Ryan Owen’s tax obligations for vesting restricted stock units, collectively totaling 6,699 shares of BlackLine common stock withheld.

Did Ryan Owen acquire any BlackLine (BL) shares through the Employee Stock Purchase Plan?

Yes, the footnotes state that 459 shares were acquired. These were obtained on May 8, 2026, through BlackLine’s Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c) of the Securities Exchange Act.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/21/2026 - 04:30 PM EDT Learn about SEC filing dates

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/20/2026		F		2,234(1)	D	$30.84	402,076	D
Common Stock	05/20/2026		F		2,027(1)	D	$30.84	400,049	D
Common Stock	05/20/2026		F		2,438(1)	D	$30.84	397,611(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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.

2. Includes 459 shares acquired on May 8, 2026, through the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).

	/s/ Karole Morgan-Prager, Attorney-in-Fact	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)