BlackLine Form 4: CEO uses 4,253 BL shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackLine, Inc. CEO and director reports share withholding for taxes. A BlackLine, Inc. insider filed a Form 4 disclosing that on 11/20/2025, a total of 2,230 shares of common stock and 2,023 shares of common stock were disposed of under transaction code "F" at a price of $53.49 per share. These shares were withheld to cover the reporting person’s tax liability related to the vesting of restricted stock units. Following the transactions, the reporting person beneficially owned 214,236 shares of BlackLine common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ryan Owen
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,230 | $53.49 | $119K |
| Tax Withholding | Common Stock | 2,023 | $53.49 | $108K |
Holdings After Transaction:
Common Stock — 216,259 shares (Direct)
Footnotes (1)
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FAQ
What did BlackLine (BL) disclose in this Form 4 filing?
The filing reports that a BlackLine, Inc. insider who is both CEO and director had common shares withheld on 11/20/2025 to satisfy tax obligations arising from vesting restricted stock units.
What was the transaction code used in the BlackLine (BL) Form 4?
The transactions were reported under code "F," which indicates shares were used to pay taxes due on the vesting of equity awards, in this case restricted stock units.
Does this BlackLine (BL) Form 4 indicate an open-market sale by the CEO?
The filing describes transactions coded "F" and explains the shares were withheld to cover the reporting person’s tax liability on vesting RSUs, rather than an open-market sale.