STOCK TITAN

BlackLine (BL) CFO Patrick Villanova granted 62,930 RSUs in equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
Villanova Patrick

(Last)(First)(Middle)
21300 VICTORY BLVD., 12TH FLOOR

(Street)
WOODLAND HILLS CALIFORNIA 91367

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BLACKLINE, INC. [ BL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026A62,930(1)A$0134,122D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on the one (1) year anniversary of February 20, 2026 (the "RSU Vesting Commencement Date"), and 1/16th of the RSUs will vest every three months thereafter on the same day of the month as the RSU Vesting Commencement Date, subject to the reporting person's continued service through each applicable vesting date.
/s/ Karole Morgan-Prager, Attorney-in-Fact04/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

Did the BLACKLINE (BL) CFO buy these shares on the open market?

No, the CFO did not buy these shares on the open market. The 62,930 shares were granted as Restricted Stock Units at a reported price of $0.0000 per share, reflecting a compensation grant rather than a market purchase or sale transaction.

What is Patrick Villanova’s BLACKLINE (BL) shareholding after this Form 4?

After this RSU grant, Patrick Villanova beneficially owns 134,122 shares of BLACKLINE common stock directly. This total includes the newly granted 62,930 RSU-based shares and reflects his position immediately following the reported acquisition transaction.

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.