BlackLine (BL) CTO granted 50,610 RSUs with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLACKLINE, INC. reported that Chief Technology Officer Jeremy Ung acquired 50,610 shares of Common Stock through a grant of Restricted Stock Units at no cash cost per share. Following this award, he directly owns 139,332 shares of the company’s Common Stock.
Each share in this transaction is represented by a Restricted Stock Unit. According to the vesting schedule, 25% of the RSUs will vest on the one-year anniversary of February 20, 2026, and 1/16 of the RSUs will then vest every three months, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ung Jeremy
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,610 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 139,332 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 50,610 RSUs
Holdings after grant: 139,332 shares
Initial vesting portion: 25% of RSUs
+1 more
4 metrics
RSUs granted
50,610 RSUs
Restricted Stock Units representing Common Stock granted on April 1, 2026
Holdings after grant
139,332 shares
Common Stock directly owned by Jeremy Ung following the transaction
Initial vesting portion
25% of RSUs
Vests on the one-year anniversary of February 20, 2026
Ongoing vesting rate
1/16 of RSUs
Vests every three months after the initial vesting date
Key Terms
Restricted Stock Unit ("RSU"), RSU Vesting Commencement Date, continued service
3 terms
Restricted Stock Unit ("RSU") financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
RSU Vesting Commencement Date financial
"one (1) year anniversary of February 20, 2026 (the "RSU Vesting Commencement Date")"
continued service financial
"subject to the reporting person's continued service through each applicable vesting date."
FAQ
What insider transaction did BlackLine (BL) report for Jeremy Ung?
BlackLine reported that Chief Technology Officer Jeremy Ung received 50,610 shares of Common Stock through a Restricted Stock Unit grant. The award increased his directly held position to 139,332 shares, reflecting a compensation-related equity grant rather than an open-market stock purchase or sale.
What is the size of the Restricted Stock Unit grant to BlackLine’s CTO?
The grant to BlackLine’s Chief Technology Officer consists of 50,610 Restricted Stock Units, each representing one share of Common Stock. The transaction price per share is reported as zero, indicating an equity award granted without a cash purchase in the open market.
How do the BlackLine (BL) RSUs granted to Jeremy Ung vest over time?
Twenty-five percent of Jeremy Ung’s Restricted Stock Units will vest on the one-year anniversary of February 20, 2026. After that initial vesting, 1/16 of the RSUs will vest every three months, provided he continues to serve through each applicable vesting date.
Is Jeremy Ung’s BlackLine (BL) Form 4 transaction a market buy or sell?
The transaction is classified as an acquisition by grant or award, not an open-market buy or sell. It reflects 50,610 shares represented by Restricted Stock Units granted at a reported per-share price of zero, subject to a multi-year vesting schedule tied to continued service.