BlackLine (NYSE: BL) CEO stock withheld to cover RSU taxes
Rhea-AI Filing Summary
BLACKLINE, INC. (BL) reported that Chief Executive Officer Ryan Owen disposed of shares solely to cover taxes on equity compensation. On 2026-08-20, a total of 6,700 shares of Common Stock were withheld in three transactions at $31.92 per share to satisfy his tax liability upon vesting of restricted stock units. These are Form 4 code F transactions for payment of tax liability by withholding securities, and the filing indicates they were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 6,700 shares
Net Sell
3 txns
Insider
Ryan Owen
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,235 | $31.92 | $71K |
| Tax Withholding | Common Stock F1 | 2,027 | $31.92 | $65K |
| Tax Withholding | Common Stock F1 | 2,438 | $31.92 | $78K |
Holdings After Transaction:
Common Stock — 390,911 shares (Direct)
Footnotes (1)
- F1. The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
Key Figures
Shares withheld for tax liability: 6,700 shares
Per-share value used for withholding: $31.92 per share
Number of tax-withholding transactions: 3 transactions
+1 more
4 metrics
Shares withheld for tax liability
6,700 shares
Common Stock withheld on 2026-08-20 to cover tax liability on RSU vesting
Per-share value used for withholding
$31.92 per share
Price applied to all three Common Stock withholding transactions on 2026-08-20
Number of tax-withholding transactions
3 transactions
All reported as Form 4 code F dispositions of Common Stock
Code F shares (exercise price or tax liability)
6,700 shares
Aggregate shares reported under exercisePriceOrTaxLiabilityShares in transaction summary
Key Terms
restricted stock units, tax liability, Form 4, Rule 10b5-1
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"withheld to cover the Reporting Person's tax liability in connection"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What did BL CEO Ryan Owen report in this Form 4 filing?
Ryan Owen reported that 6,700 shares of BLACKLINE, INC. Common Stock were withheld on 2026-08-20 to cover his tax liability arising from the vesting of restricted stock units, at a price of $31.92 per share, using Form 4 transaction code F.
Was Ryan Owen’s BL Form 4 transaction an open-market sale?
No. The Form 4 describes the transactions as shares withheld to cover tax liability in connection with the vesting of restricted stock units, reported under code F, which denotes payment of tax liability by delivering or withholding securities rather than a discretionary open-market sale.
What does transaction code F mean in the BL Form 4 for Ryan Owen?
Transaction code F in this BL Form 4 represents payment of tax liability by delivering or withholding securities. The footnote explains that the reported shares were withheld to cover Ryan Owen’s tax liability tied to the vesting of restricted stock units.
Were Ryan Owen’s BL Form 4 transactions under a Rule 10b5-1 plan?
No. The Rule 10b5-1 checkbox is marked such that the transactions are not affirmed as being pursuant to a Rule 10b5-1 trading plan, indicating these withholdings were reported as tax-related events rather than trades under a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.