BlackLine director receives 922-share RSU grant
Duncan Storm reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Duncan Storm reported acquisition or exercise transactions in this Form 4 filing.
BLACKLINE, INC. director Duncan Storm reported an initial equity award in the form of 922 restricted stock units of common stock. This grant was made following his appointment to the board on March 11, 2026, under the company’s Outside Director Compensation Policy.
Each restricted stock unit represents a contingent right to receive one share of common stock upon settlement. All 922 units will vest the day prior to BlackLine’s next annual stockholder meeting, subject to Storm’s continued service on the board through that vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 922 | $0.00 | $0.00 |
Footnotes (3)
- F1. This Form 4 reports an initial grant of restricted stock units to Mr. Duncan following his appointment to the Issuer's board of directors on March 11, 2026. The filing was delayed due to a procedural delay in Mr. Duncan receiving the requisite EDGAR access codes from the SEC. This Form 4 was filed promptly upon receipt of the codes.
- F2. Represents an initial stock unit ("RSU") award issued pursuant to the Issuer's Outside Director Compensation Policy.
- F3. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 100% of the RSUs will vest the day prior to the Issuer's next annual stockholder meeting, subject to the reporting person's continued service through the applicable vesting date.
FAQ
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What insider transaction did BlackLine (BL) director Duncan Storm report?
When was Duncan Storm appointed to BlackLine (BL)’s board of directors?
When will Duncan Storm’s BlackLine (BL) RSUs vest?
What does each BlackLine (BL) RSU granted to Duncan Storm represent?
Why was the Form 4 for Duncan Storm’s BlackLine (BL) grant delayed?
AI-generated analysis. How Rhea-AI works. Not financial advice.