BlackLine (NASDAQ: BL) grants RSUs to director Camille Drummond
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLACKLINE, INC. director Camille Drummond received an automatic annual award of 6,416 shares of Common Stock in the form of restricted stock units under the company’s Outside Director Compensation Policy. These RSUs, granted on May 7, 2026, 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, subject to her continued board service. On May 6, 2026, 178 shares were withheld at $29.55 per share to cover tax obligations, a non-market transaction. After these entries, she directly owns 13,553 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Drummond Camille
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,416 | $0.00 | -- |
| Tax Withholding | Common Stock | 178 | $29.55 | $5K |
Holdings After Transaction:
Common Stock — 13,553 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
Tax-withheld shares: 178 shares
Tax-withholding price: $29.55 per share
+1 more
4 metrics
RSU grant size
6,416 shares
Automatic annual RSU award on May 7, 2026
Tax-withheld shares
178 shares
Shares withheld on May 6, 2026 for tax liability
Tax-withholding price
$29.55 per share
Value used for 178-share tax-withholding disposition
Shares after RSU grant
13,553 shares
Total Common Stock directly owned following reported transactions
Key Terms
restricted stock unit ("RSU"), Outside Director Compensation Policy, tax-withholding disposition
3 terms
restricted stock unit ("RSU") financial
"Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."
Outside Director Compensation Policy financial
"Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."
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.
FAQ
What did BlackLine (BL) director Camille Drummond report in this Form 4?
Camille Drummond reported an automatic annual award of 6,416 restricted stock units and a separate tax-withholding of 178 shares. Both relate to director compensation at BlackLine and do not represent open-market purchases or sales of the company’s stock.
When do Camille Drummond’s new BlackLine (BL) RSUs vest?
The RSUs granted on May 7, 2026 vest in full on the earlier of the one-year anniversary of the award date or the day prior to BlackLine’s next annual stockholder meeting, provided she continues serving on the company’s board through the applicable vesting date.
What is BlackLine’s Outside Director Compensation Policy mentioned in the Form 4?
The policy provides for automatic annual restricted stock unit awards to outside directors. Drummond’s 6,416-share RSU grant was made under this program, with vesting tied to either one year after the award date or the day before BlackLine’s next annual stockholder meeting.