BlackLine CFO exercises options for 750 shares
BlackLine’s chief financial officer exercised 750 stock options at $14.00, increasing his direct common stock holdings to 131,812 shares.
Rhea-AI Filing Summary
BLACKLINE, INC. (BL) reported that Chief Financial Officer Patrick Villanova exercised stock options on September 2, 2026. He exercised options for 750 shares of common stock at an exercise price of $14.00 per share, converting a derivative position into common stock. The related option, covering 750 underlying shares, had an expiration date of October 16, 2026 and is now fully exercised with 0 options remaining from this grant. After the transaction, Villanova directly owned 131,812 shares of BlackLine common stock. The options had vested in four equal annual installments beginning on the one-year anniversary of the grant date, conditioned on his continued service through each vesting date. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
750 shares exercised/converted
Exercise
2 txns
Insider
Villanova Patrick
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1 | 750 | $0.00 | $0.00 |
| Exercise | Common Stock | 750 | $14.00 | $11K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 131,812 shares (Direct)
Footnotes (1)
- F1. The options became exercisable based on the following vesting schedule: The shares subject to the option vested in 4 equal, annual installments beginning on the one-year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date.
Key Figures
Shares acquired via option exercise: 750 shares
Option exercise price: $14.00 per share
Common shares held after transaction: 131,812 shares
+2 more
5 metrics
Shares acquired via option exercise
750 shares
Common stock received upon option exercise on September 2, 2026
Option exercise price
$14.00 per share
Exercise of stock option into common stock
Common shares held after transaction
131,812 shares
Direct ownership by CFO following September 2, 2026 transaction
Underlying option shares exercised
750 shares
Shares covered by the exercised stock option
Option expiration date
October 16, 2026
Expiration date of the exercised stock option grant
Key Terms
Stock Option (Right to Buy), derivative security, vesting schedule, Common Stock
4 terms
Stock Option (Right to Buy) financial
"The security title is listed as Stock Option (Right to Buy) for this grant"
derivative security financial
"Described as an Exercise or conversion of derivative security on the form"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting schedule financial
"The options became exercisable based on the following vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Common Stock financial
"Underlying security title is stated as Common Stock for the option"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did BLACKLINE, INC. (BL) report for its CFO?
BLACKLINE, INC. reported that Chief Financial Officer Patrick Villanova exercised stock options for 750 shares of common stock on September 2, 2026, converting a derivative position into directly held common stock and increasing his direct ownership to 131,812 shares after the transaction.
At what price were the BLACKLINE, INC. (BL) stock options exercised by the CFO?
The CFO exercised BLACKLINE, INC. stock options at an exercise price of $14.00 per share for 750 shares of common stock on September 2, 2026, as disclosed in the Form 4 insider transaction report.
What happened to the CFO’s BLACKLINE, INC. stock option position in this filing?
The filing shows the CFO exercised a stock option covering 750 underlying shares at $14.00 per share. The derivative position from this specific option grant now has 0 shares remaining following the exercise reported on September 2, 2026.
Was the BLACKLINE, INC. (BL) CFO’s option exercise under a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 plan is reported for the CFO’s September 2, 2026 option exercise and related acquisition of 750 shares of common stock.
How did the BLACKLINE, INC. (BL) CFO’s options vest before this exercise?
The options exercised by the CFO vested in four equal, annual installments, beginning on the one-year anniversary of the grant date. Vesting was subject to his continued service through each applicable vesting date, as described in the footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
