BlackLine (NASDAQ: BL) CAO has 871 shares withheld for taxes
Rhea-AI Filing Summary
BLACKLINE, INC. (BL) reported that Chief Accounting Officer Michelle D. Stalick had a total of 871 shares of common stock withheld on 2026-08-20 at $31.92 per share. The Form 4 states these shares were withheld to cover her tax liability in connection with the vesting of restricted stock units, rather than sold in open-market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 871 shares
Net Sell
4 txns
Insider
Stalick Michelle D
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 143 | $31.92 | $5K |
| Tax Withholding | Common Stock F1 | 161 | $31.92 | $5K |
| Tax Withholding | Common Stock F1 | 265 | $31.92 | $8K |
| Tax Withholding | Common Stock F1 | 302 | $31.92 | $10K |
Holdings After Transaction:
Common Stock — 35,492 shares (Direct)
Footnotes (1)
- F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
Key Figures
Shares withheld (entry 1): 143 shares
Shares withheld (entry 2): 161 shares
Shares withheld (entry 3): 265 shares
+3 more
6 metrics
Shares withheld (entry 1)
143 shares
Common Stock withheld on 2026-08-20 for tax liability (code F)
Shares withheld (entry 2)
161 shares
Common Stock withheld on 2026-08-20 for tax liability (code F)
Shares withheld (entry 3)
265 shares
Common Stock withheld on 2026-08-20 for tax liability (code F)
Shares withheld (entry 4)
302 shares
Common Stock withheld on 2026-08-20 for tax liability (code F)
Total shares withheld for taxes
871 shares
Sum of all code F transactions on 2026-08-20 for tax liability
Price per share
$31.92 per share
Price applied to all code F withholding transactions on 2026-08-20
Key Terms
restricted stock units, tax liability, withheld to cover
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"withheld to cover the Reporting Person's tax liability in connection"
withheld to cover financial
"The reported shares were withheld to cover the Reporting Person's tax"
FAQ
What insider transaction did BLACKLINE, INC. (BL) disclose for Michelle D. Stalick?
BLACKLINE, INC. disclosed that Chief Accounting Officer Michelle D. Stalick had 871 shares of common stock withheld on 2026-08-20 to cover her tax liability arising from the vesting of restricted stock units, according to the Form 4 footnote.
Was the BLACKLINE (BL) Form 4 transaction an open-market sale?
No. The Form 4 identifies code F transactions and describes them as payment of tax liability by delivering or withholding securities. A footnote states the reported shares were withheld to cover tax liability from vesting restricted stock units, not sold in the open market.
What does transaction code F mean in the BLACKLINE (BL) Form 4 filing?
Transaction code F in this Form 4 is described as payment of tax liability by delivering or withholding securities. The filing explains that the shares were withheld to satisfy Michelle D. Stalick’s tax obligations related to vesting restricted stock units.
Is the Form 4 transaction for BLACKLINE (BL) under a Rule 10b5-1 trading plan?
No. The filing’s aff_10b5_one indicator is false, meaning the checkbox for Rule 10b5-1 trading plan status was not marked as an affirming plan-based transaction in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.