BlackLine (BL) CFO Patrick Villanova granted 62,930 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLACKLINE, INC. Chief Financial Officer Patrick Villanova received an award of 62,930 shares of common stock in the form of Restricted Stock Units. The grant carried no cash exercise price and increased his directly held common stock to 134,122 shares after the transaction.
According to the award terms, 25% of these RSUs will vest on the one-year anniversary of February 20, 2026, and the remaining units will vest in equal 1/16th installments every three months thereafter, subject to his continued service through each vesting date. This is a compensation-related equity grant rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Villanova Patrick
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,930 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 134,122 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 62,930 shares
Grant price per share: $0.0000 per share
Shares owned after grant: 134,122 shares
+2 more
5 metrics
RSU grant size
62,930 shares
Restricted Stock Units representing common stock granted to CFO
Grant price per share
$0.0000 per share
Reported transaction price for RSU grant
Shares owned after grant
134,122 shares
Total directly held common stock following transaction
Initial vesting date
February 20, 2027
One-year anniversary of February 20, 2026 for 25% RSU vest
Quarterly vesting tranches
1/16th every three months
Remaining RSUs vest quarterly after initial cliff vest
Key Terms
Restricted Stock Unit, RSU, vesting, Form 4, +1 more
5 terms
Restricted Stock Unit financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vesting financial
"25% of the RSUs will vest on the one (1) year anniversary of February 20, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Financial Officer financial
"officer_title": "Chief Financial Officer""
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
FAQ
What equity award did BLACKLINE (BL) CFO Patrick Villanova receive?
Patrick Villanova received an equity award of 62,930 shares of BLACKLINE common stock represented by Restricted Stock Units. The grant is compensation-related, carries no purchase price per share, and increases his directly held common stock position to 134,122 shares following the transaction.
How do the new RSUs for BLACKLINE (BL) CFO vest over time?
The RSUs vest gradually over several years. 25% of the 62,930 RSUs will vest on the one-year anniversary of February 20, 2026, and the remaining units vest in 1/16th installments every three months, contingent on continued service through each vesting date.
What conditions apply to the BLACKLINE (BL) CFO’s RSU vesting?
Vesting of the CFO’s RSUs depends on continued service. Each vesting tranche, including the 25% cliff after one year and the subsequent 1/16th quarterly installments, occurs only if he remains in service through the respective vesting dates.