STOCK TITAN

BlackLine (NASDAQ: BL) CFO uses 1,760 shares to cover RSU taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BLACKLINE, INC. (BL) reported insider activity by Chief Financial Officer Patrick Villanova involving shares of common stock on August 20, 2026. Three transactions using code F disposed of a total of 1,760 shares at $31.92 per share. According to the footnote, these shares were withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units, rather than sold in open-market transactions.

Positive

  • None.

Negative

  • None.
Insider Villanova Patrick
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1 260 $31.92 $8K
Tax Withholding Common Stock F1 300 $31.92 $10K
Tax Withholding Common Stock F1 1,200 $31.92 $38K
Holdings After Transaction: Common Stock — 131,062 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.
Total shares withheld 1,760 shares Shares withheld on August 20, 2026 to cover tax liability on RSU vesting
Price per share $31.92 per share Valuation used for the August 20, 2026 tax-withholding transactions
Shares withheld (transaction 1) 260 shares First code F disposition of BLACKLINE, INC. common stock on August 20, 2026
Shares withheld (transaction 2) 300 shares Second code F disposition of BLACKLINE, INC. common stock on August 20, 2026
Shares withheld (transaction 3) 1,200 shares Third code F disposition of BLACKLINE, INC. common stock 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 to cover financial
"The reported shares were withheld to cover the Reporting Person's tax"
transaction code F financial
"transaction code F described as Payment of tax liability"

FAQ

What insider transaction did BLACKLINE, INC. (BL) disclose for Patrick Villanova?

Patrick Villanova, CFO of BLACKLINE, INC., reported three code F transactions on August 20, 2026 involving common stock. In total, 1,760 shares were withheld to satisfy his tax liability related to the vesting of restricted stock units.

How many BL shares were involved in Patrick Villanova’s August 20, 2026 Form 4?

The Form 4 reports a combined total of 1,760 shares of BLACKLINE, INC. common stock affected by code F transactions, representing shares withheld to cover the reporting person’s tax liability upon vesting of restricted stock units.

What price per share was used in the BLACKLINE, INC. (BL) tax-withholding transactions?

Each of the reported transactions used a price of $31.92 per share for BLACKLINE, INC. common stock in connection with withholding shares to cover the reporting person’s tax liability on vested restricted stock units.

Were the BL insider transactions open-market sales by the CFO?

No. The Form 4 states that the reported shares were withheld to cover the reporting person’s tax liability related to restricted stock unit vesting, which is different from discretionary open-market sales.

What does transaction code F indicate in the BLACKLINE, INC. (BL) Form 4?

Transaction code F denotes payment of tax liability by delivering or withholding securities. In this filing, it reflects shares of BLACKLINE, INC. common stock withheld upon vesting of restricted stock units to satisfy the CFO’s tax obligations.

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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*
Villanova Patrick

(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 Financial 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 Stock08/20/2026F260(1)D$31.92132,562D
Common Stock08/20/2026F300(1)D$31.92132,262D
Common Stock08/20/2026F1,200(1)D$31.92131,062D
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)