BlackLine insider reports RSU tax withholding at $53.49 per share
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackLine, Inc. (BL) reported insider activity by its Chief Legal and Administrative Officer on a Form 4. On 11/20/2025, several dispositions of common stock were reported at a price of $53.49 per share, coded as transaction type "F," which indicates shares were withheld by the company.
The explanation states that these shares were withheld to cover the reporting person’s tax liability upon the vesting of restricted stock units. After the largest reported withholding of 7,084 shares, the officer directly beneficially owned 115,714 shares of BlackLine common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Morgan-Prager Karole
Role
CHIEF LEGAL AND ADMINISTRATIVE
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 571 | $53.49 | $31K |
| Tax Withholding | Common Stock | 776 | $53.49 | $42K |
| Tax Withholding | Common Stock | 882 | $53.49 | $47K |
| Tax Withholding | Common Stock | 7,084 | $53.49 | $379K |
Holdings After Transaction:
Common Stock — 124,456 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BlackLine (BL) report on this Form 4?
The Form 4 reports that a BlackLine officer had company common shares withheld, coded as transaction type "F," to satisfy tax obligations related to vesting restricted stock units.
Who is the reporting person in this BlackLine (BL) Form 4 filing?
The reporting person is an officer of BlackLine, Inc. serving as Chief Legal and Administrative, who reports direct ownership of company common stock.
Does this BlackLine (BL) Form 4 indicate open-market selling by the insider?
The transactions are coded "F" and the explanation states the shares were withheld to cover RSU-related tax liability, indicating company withholding rather than open-market sales.