BlackLine Form 4 shows new RSU and PRSU awards to CTO

Rhea-AI Filing Summary

BlackLine, Inc. (BL) reported an equity award for its Chief Technology Officer on a Form 4. On November 25, 2025, the officer acquired 1,910 shares of common stock through a restricted stock unit (RSU) grant at a price of $0 per share, bringing direct beneficial ownership to 85,583 shares after the transaction.

The filing also shows a grant of 1,910 performance-based restricted stock units (PRSUs), each tied to future performance objectives. RSUs begin vesting with 25% on the one-year anniversary of November 20, 2025, then in equal quarterly installments, subject to continued service. PRSU vesting depends on performance targets for calendar 2026 or, if not set by June 1, 2026, on scheduled vesting dates in 2027–2029, again contingent on continued service.

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

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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^*

Ung Jeremy

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025

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	11/25/2025		A		1,910(1)	A	$0	85,583	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
Performance-Based Restricted Stock Units	(2)	11/25/2025		A		1,910		(2)	(2)	Common Stock	(2)	$0	1,910	D

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 November 20, 2025 (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.

2. Each Performance-Based Restricted Stock Unit ("PRSU") represents the right to receive a number of shares of the Issuer's common stock to be determined based on the achievement of certain performance objectives. The PRSUs will vest based on the targets that will be established by the Compensation Committee of the Board of Directors of the Issuer for performance-based annual equity grants for the Issuer's executives for calendar 2026; provided, however, that if performance metrics are not established for the PRSU grants for the Issuer's executives for calendar 2026 prior to June 1, 2026, 1/6th of the PRSUs will vest on each of February 20, 2027 and February 20, 2028, with the remaining PRSUs to vest on February 20, 2029, subject to the Reporting Person's continued service through each applicable vesting date.

	/s/ Karole Morgan-Prager, Attorney-in-Fact	11/26/2025
	** 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).
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FAQ

What insider transaction did BlackLine (BL) report on this Form 4?

The Form 4 reports that BlackLine's Chief Technology Officer acquired 1,910 shares of common stock via a restricted stock unit grant on November 25, 2025 at a price of $0 per share.

How many BlackLine (BL) shares does the reporting person own after this transaction?

Following the reported transaction, the officer beneficially owns 85,583 shares of BlackLine common stock in direct ownership.

What are the vesting terms of the RSUs granted to the BlackLine (BL) CTO?

For the 1,910 RSUs, 25% vest on the one-year anniversary of November 20, 2025, and 1/16 of the RSUs vest every three months thereafter, subject to continued service.

How do the performance-based RSUs (PRSUs) for BlackLine (BL) vest?

Each of the 1,910 PRSUs represents the right to receive common shares based on performance objectives for calendar 2026. If performance metrics are not set by June 1, 2026, vesting will occur on February 20, 2027, February 20, 2028, and February 20, 2029, subject to continued service.

Who is the reporting person on this BlackLine (BL) Form 4 and what is their role?

The reporting person is an officer of BlackLine, Inc., serving as the company's Chief Technology Officer.

Are the derivative securities on the BlackLine (BL) Form 4 equity-settled?

Yes. Both the RSUs and performance-based RSUs are described as units representing the right to receive shares of BlackLine common stock upon vesting.