STOCK TITAN
  1. Home
  2. Sec-filings
  3. BL
  4. [Form 4] BLACKLINE, INC. Insider Trading Activity

BlackLine (BL) awards 41,040 RSUs to its chief customer officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Duan Jimmy C reported acquisition or exercise transactions in this Form 4 filing.

BLACKLINE, INC. Chief Customer Officer Jimmy C. Duan reported a grant of 41,040 shares of Common Stock in the form of Restricted Stock Units (RSUs) at no purchase price. Following this award, he directly holds 123,330 shares.

According to the vesting terms, 25% of the RSUs will vest on the one-year anniversary of February 20, 2026, with the remaining RSUs vesting in 1/16th increments every three months thereafter, subject to his continued service through each vesting date.

Positive

  • None.

Negative

  • None.
Insider Duan Jimmy C
Role Chief Customer Officer
Type Security Shares Price Value
Grant/Award Common Stock 41,040 $0.00 --
Holdings After Transaction: Common Stock — 123,330 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 41,040 shares Restricted Stock Units awarded to Chief Customer Officer
Post-transaction holdings 123,330 shares Total Common Stock directly held after grant
Grant price per share $0.0000 per share Stated transaction price for RSU grant
Initial vesting portion 25% of RSUs Vests on one-year anniversary of February 20, 2026
Subsequent vesting rate 1/16th of RSUs every three months Quarterly vesting after initial anniversary date
Restricted Stock Unit ("RSU") financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
RSU Vesting Commencement Date financial
"anniversary of February 20, 2026 (the "RSU Vesting Commencement Date")"
vesting financial
"25% of the RSUs will vest on the one (1) year anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued service financial
"subject to the reporting person's continued service through each applicable vesting date"
Form 4 Insider Transactions: What Each Field Means →
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*
Duan Jimmy C
(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 Customer Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		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 Stock04/01/2026A41,040(1)A$0123,330D
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. 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.
/s/ Karole Morgan-Prager, Attorney-in-Fact04/03/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did BlackLine (BL) executive Jimmy C. Duan report on this Form 4?

Jimmy C. Duan, Chief Customer Officer of BlackLine, reported receiving 41,040 shares of Common Stock as a Restricted Stock Unit (RSU) award. The shares were granted at no purchase price and increase his direct holdings to 123,330 shares after the reported transaction.

How many BlackLine (BL) RSUs were granted to Jimmy C. Duan?

Jimmy C. Duan was granted 41,040 Restricted Stock Units (RSUs) tied to BlackLine Common Stock. These RSUs represent share-based compensation that vests over time rather than an open-market stock purchase, and they form part of his direct equity ownership in the company.

What is the vesting schedule for Jimmy C. Duan’s BlackLine (BL) RSU grant?

The RSU grant vests over several years. Twenty-five percent of the 41,040 RSUs will vest on the one-year anniversary of February 20, 2026, and the remaining RSUs will vest in 1/16th installments every three months, contingent on continued service.

Did Jimmy C. Duan pay a purchase price for the BlackLine (BL) RSU shares?

No, Jimmy C. Duan did not pay a purchase price for these shares. The 41,040 shares were granted as Restricted Stock Units at a stated transaction price of $0.0000 per share, reflecting equity-based compensation rather than a cash stock purchase.

What are Jimmy C. Duan’s BlackLine (BL) holdings after this RSU award?

After the reported RSU award, Jimmy C. Duan directly holds 123,330 shares of BlackLine Common Stock. This total includes the 41,040 RSUs that were just granted, which will vest over time according to the specified vesting schedule tied to continued service.