BlackLine awards 46,510 RSUs to legal chief
Morgan-Prager Karole reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Morgan-Prager Karole reported acquisition or exercise transactions in this Form 4 filing.
BLACKLINE, INC. reported that Chief Legal and Administrative officer Karole Morgan-Prager received a grant of 46,510 shares of common stock in the form of Restricted Stock Units (RSUs) at no cost per share. Following this award, she directly holds 165,659 shares.
According to the award terms, 25% of the RSUs will vest on the one-year anniversary of February 20, 2026, and 1/16 of the RSUs will vest every three months thereafter on the same calendar day, subject to her continued service through each vesting date. This is a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 46,510 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on the one (1) year anniversary of February 20, 2026 (the "RSU Vesting Commencement Date"), and 1/16th of the RSUs will vest every three months thereafter on the same day of the month as the RSU Vesting Commencement Date, subject to the reporting person's continued service through each applicable vesting date.
Key Figures
Key Terms
Restricted Stock Unit ("RSU") financial
vest financial
vesting date financial
FAQ
What insider transaction did BLACKLINE (BL) disclose for Karole Morgan-Prager?
What are the vesting terms of the 46,510 RSUs granted by BLACKLINE (BL)?
Was the BLACKLINE (BL) RSU grant to Karole Morgan-Prager an open-market stock purchase?
What does a transaction code "A" mean in the BLACKLINE (BL) Form 4 filing?
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