BlackLine (BL) director Balaji Saranga receives 6,416-share RSU grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Balaji Saranga reported acquisition or exercise transactions in this Form 4 filing.

BLACKLINE, INC. director Balaji Saranga received a grant of 6,416 shares of Common Stock in the form of restricted stock units as director compensation. These RSUs were awarded at no cash cost and increase his direct holdings to 9,807 shares after the transaction.

The award was made under BlackLine’s Outside Director Compensation Policy. The RSUs vest in full on the earlier of one year after the May 7, 2026 award date or the day before the company’s next annual stockholder meeting, provided Saranga continues serving on the board through the vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Balaji Saranga

Role null

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

Holdings After Transaction: Common Stock — 9,807 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 Post-award holdings: 9,807 shares Grant price: $0.00 per share +1 more

4 metrics

RSU grant size 6,416 shares Restricted stock units awarded on May 7, 2026

Post-award holdings 9,807 shares Total Common Stock directly held after the transaction

Grant price $0.00 per share Stated transaction price for the RSU award

Vesting condition Earlier of 1 year or pre-meeting date Vests if board service continues through the applicable vesting date

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

annual meeting of the stockholders financial

"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"

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:14 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^*

Balaji Saranga

(Last)

(First)

(Middle)

21300 VICTORY BLVD., 12TH FLOOR

(Street)

WOODLAND HILLS

CALIFORNIA

91326

(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	9,807	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 did BlackLine (BL) director Balaji Saranga report in this Form 4?

Balaji Saranga reported receiving 6,416 shares of BlackLine Common Stock as a restricted stock unit grant. The award was part of the company’s Outside Director Compensation Policy and increased his direct holdings to 9,807 shares following the transaction.

How many BlackLine (BL) shares did Balaji Saranga acquire and at what price?

He acquired 6,416 shares of BlackLine Common Stock through a restricted stock unit grant at a stated price of $0.00 per share. This reflects non-cash director compensation rather than an open-market purchase of shares on an exchange.

What are the vesting terms of Balaji Saranga’s new BlackLine (BL) RSUs?

The 6,416 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, contingent on his continued board service through the chosen vesting date.

How many BlackLine (BL) shares does Balaji Saranga hold after this award?

After the reported RSU award, Balaji Saranga directly holds 9,807 shares of BlackLine Common Stock. This total includes the 6,416 newly granted restricted stock units that were added to his previously reported share position.

Was Balaji Saranga’s BlackLine (BL) transaction a market buy or sell?

The transaction was neither an open-market buy nor a sale. It was a grant of 6,416 restricted stock units classified as a “grant, award, or other acquisition,” issued as part of BlackLine’s Outside Director Compensation Policy.

Under what policy was the BlackLine (BL) RSU award to Balaji Saranga made?

The RSU grant was described as an automatic annual restricted stock unit award under BlackLine’s Outside Director Compensation Policy. This policy governs how outside directors are compensated in equity for their board service each year.