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[Form 4] BLACKLINE, INC. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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.

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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
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*
Ryan Owen

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
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 2,230(1) D $53.49 216,259 D
Common Stock 11/20/2025 F 2,023(1) D $53.49 214,236 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.

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.

How many BlackLine (BL) shares were disposed of in the reported transactions?

The reporting person had 2,230 shares and 2,023 shares of BlackLine common stock disposed of, for a total of 4,253 shares, in connection with tax withholding on RSU vesting.

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.

At what price were the BlackLine (BL) shares valued for the tax withholding?

The common stock disposed of in the tax withholding transactions was valued at $53.49 per share.

How many BlackLine (BL) shares does the insider own after these transactions?

After the reported transactions, the insider beneficially owned 214,236 shares of BlackLine common stock held directly.

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.
Blackline Inc

NASDAQ:BL

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3.26B
48.43M
8.36%
107.33%
9.46%
Software - Application
Services-prepackaged Software
Link
United States
WOODLAND HILLS