Is Gregory Hughes’ BlackLine (BL) RSU grant an open-market share purchase?

No, the 6,416 shares were granted to Gregory Hughes as restricted stock units with a stated price of $0.00 per share. This is an automatic annual equity award for director compensation, not an open-market buy or sell transaction in BlackLine stock.

RSU grant lifts BlackLine (BL) director Gregory Hughes to 9,392 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

HUGHES GREGORY reported acquisition or exercise transactions in this Form 4 filing.

BLACKLINE, INC. director Gregory Hughes reported receiving a grant of 6,416 shares of Common Stock in the form of restricted stock units. The award was made on May 7, 2026 as an automatic annual RSU grant under BlackLine’s Outside Director Compensation Policy.

These RSUs vest in full on the earlier of the one-year anniversary of the award date or the day before BlackLine’s next annual stockholder meeting, provided Hughes continues serving on the board through that date. Following this grant, he holds 9,392 shares of BlackLine Common Stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HUGHES GREGORY

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,416	$0.00	--

Holdings After Transaction: Common Stock — 9,392 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 per share: $0.00 per share Shares after grant: 9,392 shares +1 more

4 metrics

RSU grant size 6,416 shares Automatic annual restricted stock unit award on May 7, 2026

Grant price per share $0.00 per share Reported transaction price for RSU award

Shares after grant 9,392 shares Total BlackLine Common Stock held directly after RSU grant

Vesting trigger Earlier of 1-year or pre-meeting Vests on one-year anniversary of May 7, 2026 or day before next annual meeting

Key Terms

restricted stock unit, Outside Director Compensation Policy, vest in full, annual meeting of the stockholders

4 terms

restricted stock unit financial

"Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."

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.

Outside Director Compensation Policy financial

"Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."

vest in full financial

"represent RSUs which vest in full upon the earlier of the one (1) year anniversary of the Award Date"

annual meeting of the stockholders financial

"or the day prior to the Issuer's next annual meeting of the stockholders"

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:15 PM

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^*

HUGHES GREGORY

(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
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		A⁽¹⁾		6,416⁽²⁾	A	$0	9,392	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy.

2. 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.

	/s/ Karole Morgan-Prager, Attorney-in-Fact	05/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did BlackLine (BL) director Gregory Hughes report?

Gregory Hughes reported receiving 6,416 shares of BlackLine Common Stock as a restricted stock unit award. The grant is part of the company’s Outside Director Compensation Policy and represents compensation, not an open-market purchase, increasing his direct holdings to 9,392 shares.

When do Gregory Hughes’ new BlackLine (BL) RSUs vest?

The 6,416 RSUs awarded to Gregory Hughes vest in full on the earlier of the one-year anniversary of May 7, 2026 or the day before BlackLine’s next annual stockholder meeting. Vesting is conditioned on his continued service on the board through the vesting date.

How many BlackLine (BL) shares does Gregory Hughes hold after this RSU grant?

After the 6,416-share RSU award, Gregory Hughes is reported to hold 9,392 shares of BlackLine Common Stock directly. This total reflects his position immediately following the grant as disclosed in the Form 4 insider transaction filing.

What is BlackLine (BL)’s Outside Director Compensation Policy mentioned in the filing?

BlackLine’s Outside Director Compensation Policy provides for an automatic annual restricted stock unit award to non-employee directors. Gregory Hughes’ 6,416-share RSU grant was made under this policy as part of his board compensation rather than a discretionary stock market transaction.