BlackLine (BL) Form 4: 1,190 shares withheld for RSU taxes

BlackLine, Inc. (BL) reported an insider equity transaction by its Chief Customer Officer on a Form 4.

Rhea-AI Filing Summary

BlackLine, Inc. (BL) reported an insider equity transaction by its Chief Customer Officer on a Form 4. On 11/20/2025, 1,190 shares of common stock were withheld at a price of $53.49 per share to satisfy tax obligations arising from the vesting of restricted stock units. This was a share withholding for taxes rather than an open-market sale. Following this transaction, the reporting person directly owns 76,272 shares of BlackLine common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 1,190 shares

Exercise Price or Tax Liability 1 txn

Insider Duan Jimmy C

Role Chief Customer Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,190	$53.49	$64K

Holdings After Transaction: Common Stock — 76,272 shares (Direct)

Footnotes (1)

1. F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units ("RSUs").

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BlackLine (BL) disclose in this Form 4 filing?

BlackLine disclosed that its Chief Customer Officer had 1,190 shares of common stock withheld on 11/20/2025 to cover taxes related to the vesting of restricted stock units.

Was this BlackLine (BL) Form 4 transaction an open-market sale?

No. The 1,190 shares were withheld by the company to satisfy the reporting person's tax liability from restricted stock unit vesting, not sold in the open market.

How many BlackLine (BL) shares does the insider own after this transaction?

After the reported tax withholding, the insider directly owns 76,272 shares of BlackLine common stock.

What was the price used for the withheld BlackLine (BL) shares?

The 1,190 withheld shares were valued at $53.49 per share in the transaction reported on 11/20/2025.

Who is the reporting person in this BlackLine (BL) Form 4?

The reporting person is an officer of BlackLine, serving as the Chief Customer Officer, and filed the Form 4 as a single reporting person.

What is the reason given for the share withholding in BlackLine (BL)'s Form 4?

The explanation states that the reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/24/2025 - 06:02 PM EST Learn about SEC filing dates

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
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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^*

Duan Jimmy C

(Last) (First) (Middle)

21300 VICTORY BLVD., 12TH FLOOR

(Street)

WOODLAND HILLS CA 91367

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BLACKLINE, INC. [ BL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Customer Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/20/2025		F		1,190(1)	D	$53.49	76,272	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units ("RSUs").

	/s/ Karole Morgan-Prager, Attorney-in-Fact	11/24/2025
	** 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.