BlackLine (BL) awards 16,420 RSUs to Chief Accounting Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stalick Michelle D reported acquisition or exercise transactions in this Form 4 filing.
BLACKLINE, INC. Chief Accounting Officer Michelle D. Stalick received a grant of 16,420 shares of Common Stock in the form of Restricted Stock Units (RSUs) at no cash cost. After this award, she directly holds 38,014 shares. According to the terms, 25% of the RSUs will vest on the one-year anniversary of February 20, 2026, with the remaining units vesting in equal installments every three months thereafter, subject to her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stalick Michelle D
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,420 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,014 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 16,420 shares
Price per share: $0.00 per share
Post-transaction holdings: 38,014 shares
+2 more
5 metrics
RSU grant size
16,420 shares
Restricted Stock Units representing Common Stock granted to CAO
Price per share
$0.00 per share
Recorded transaction price for RSU-based Common Stock grant
Post-transaction holdings
38,014 shares
Total Common Stock directly held after the RSU award
Initial vesting portion
25% of RSUs
Vests on the one-year anniversary of February 20, 2026
Ongoing vesting rate
1/16th of RSUs
Vests every three months after the initial vesting date
Key Terms
Restricted Stock Unit ("RSU"), vest, vesting date, transaction code "A"
4 terms
Restricted Stock Unit ("RSU") financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
vest financial
"25% of the RSUs will vest on the one (1) year anniversary..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
vesting date financial
"subject to the reporting person's continued service through each applicable vesting date."
transaction code "A" financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did BLACKLINE, INC. (BL) report for Michelle Stalick?
BLACKLINE reported that Chief Accounting Officer Michelle D. Stalick received 16,420 shares of Common Stock as a Restricted Stock Unit grant. The award was recorded at a price of $0.00 per share as part of her equity compensation.
What is the vesting schedule for Michelle Stalick’s 16,420 BLACKLINE RSUs?
The RSUs vest over several years: 25% of the 16,420 units vest on the one-year anniversary of February 20, 2026. The remaining RSUs vest in 1/16th increments every three months afterward, assuming she continues in service through each vesting date.
What does transaction code "A" mean in this BLACKLINE (BL) Form 4?
Transaction code "A" indicates a grant, award, or other acquisition of stock, typically as compensation. In this case, Michelle Stalick received 16,420 RSU-based Common Stock shares, which will vest over time under the specified vesting schedule.
Are Michelle Stalick’s new BLACKLINE RSUs subject to service conditions?
Yes, vesting is conditioned on continued service. Twenty-five percent of the RSUs vest on the one-year anniversary of February 20, 2026, and 1/16th of the RSUs vests every three months thereafter, only if she remains in service on each vesting date.