BlackLine (BL) director receives 6,416 RSUs in annual equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Duncan Storm reported acquisition or exercise transactions in this Form 4 filing.
BLACKLINE, INC. director Duncan Storm received an automatic annual award of 6,416 shares of common stock in the form of restricted stock units under the company’s Outside Director Compensation Policy. These RSUs vest in full on the earlier of one year from the May 7, 2026 award date or the day before the next annual stockholder meeting, subject to his continued board service. Following this grant, Storm holds 7,338 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Duncan Storm
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,416 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,338 shares (Direct, null)
Footnotes (1)
- Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy. The reported securities awarded on May 7, 2026 (the "Award Date") represent RSUs which vest in full upon the earlier of the one (1) year anniversary of the Award Date or the day prior to the Issuer's next annual meeting of the stockholders and in each case subject to the Reporting Person's continued service on the Issuer's board of directors through each vesting date.
Key Figures
RSU award size: 6,416 shares
Post-transaction holdings: 7,338 shares
Transaction price per share: $0.0000 per share
+2 more
5 metrics
RSU award size
6,416 shares
Automatic annual restricted stock unit grant on May 7, 2026
Post-transaction holdings
7,338 shares
Common stock directly owned after the RSU award
Transaction price per share
$0.0000 per share
Indicates compensation grant with no purchase price
Transaction code
A
Grant, award, or other acquisition of non-derivative common stock
Transaction direction
acquire
Award increased Duncan Storm’s direct common stock position
Key Terms
restricted stock unit ("RSU"), Outside Director Compensation Policy, annual meeting of the stockholders, Award Date
4 terms
restricted stock unit ("RSU") financial
"Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."
Outside Director Compensation Policy financial
"Reflects an automatic annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy."
annual meeting of the stockholders regulatory
"vest in full upon the earlier of the one (1) year anniversary of the Award Date or the day prior to the Issuer's next annual meeting of the stockholders"
Award Date financial
"The reported securities awarded on May 7, 2026 (the "Award Date") represent RSUs which vest in full"
FAQ
What insider transaction did BlackLine (BL) director Duncan Storm report?
Duncan Storm reported an award of 6,416 BlackLine common shares as restricted stock units. The grant is part of the company’s Outside Director Compensation Policy and increases his direct holdings to 7,338 shares after the transaction.
Is the BlackLine (BL) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of 6,416 restricted stock units, not a market trade. The transaction code is A, indicating a grant or award acquisition at no purchase price, as director compensation rather than an open-market buy or sell.
When do Duncan Storm’s 6,416 BlackLine (BL) RSUs vest?
The 6,416 RSUs awarded on May 7, 2026 vest fully on the earlier of the one-year anniversary of that date or the day before BlackLine’s next annual stockholder meeting, provided Storm continues serving on the board through the vesting date.
What is the purpose of this BlackLine (BL) RSU grant to director Duncan Storm?
The grant reflects an automatic annual restricted stock unit award made under BlackLine’s Outside Director Compensation Policy. It provides equity-based compensation to non-employee directors, aligning their interests with stockholders through time-based vesting tied to continued board service.