BlackLine (BL) Chief Accounting Officer sells 780 shares at $30.93
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLACKLINE, INC. Chief Accounting Officer Michelle D. Stalick reported an open-market sale of 780 shares of Common Stock at $30.93 per share. After this transaction, she directly holds 36,363 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 780 shares ($24,125)
Net Sell
1 txn
Insider
Stalick Michelle D
Role
Chief Accounting Officer
Sold
780 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 780 | $30.93 | $24K |
Holdings After Transaction:
Common Stock — 36,363 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 780 shares
Sale price: $30.93 per share
Shares held after sale: 36,363 shares
3 metrics
Shares sold
780 shares
Open-market sale of Common Stock
Sale price
$30.93 per share
Price for the 780-share sale
Shares held after sale
36,363 shares
Direct ownership after transaction
Key Terms
open-market sale, Common Stock, transaction code S
3 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code S regulatory
"transaction_code: "S""
FAQ
What insider transaction did BLACKLINE, INC. (BL) report for Michelle D. Stalick?
BLACKLINE, INC. reported that Chief Accounting Officer Michelle D. Stalick sold 780 shares of Common Stock in an open-market transaction. The Form 4 shows this as a sale under transaction code S, categorized as a non-derivative stock transaction.
What role does Michelle D. Stalick hold at BLACKLINE (BL) in this Form 4 filing?
In this Form 4, Michelle D. Stalick is identified as an officer of BLACKLINE, serving as Chief Accounting Officer. She is not listed as a director or ten percent owner, and the reported transaction reflects her direct ownership activity.
Was the BLACKLINE (BL) insider transaction by Michelle D. Stalick an open-market sale?
Yes. The transaction is classified as an open-market sale of Common Stock. The Form 4 uses transaction code S and describes it as a “Sale in open market or private transaction,” with 780 shares sold at $30.93 per share.