BlackLine (NYSE: BL) CCO now holds 106,966 shares after tax withholding
Rhea-AI Filing Summary
BLACKLINE, INC. (BL) insider Stuart Van Houten, Chief Commercial Officer, reported a Form 4 transaction involving company common stock. On 2026-08-20, 1,720 shares were disposed of at $31.92 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units. After this withholding, Van Houten directly holds 106,966 shares of BlackLine common stock.
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Insider Trade Summary
Net Seller: 1,720 shares
Net Sell
1 txn
Insider
Van Houten Stuart
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,720 | $31.92 | $55K |
Holdings After Transaction:
Common Stock — 106,966 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: 1,720 shares
Per-share value for tax withholding: $31.92 per share
Shares owned after transaction: 106,966 shares
3 metrics
Shares withheld for tax liability
1,720 shares
Common stock disposed of on 2026-08-20 under code F
Per-share value for tax withholding
$31.92 per share
Valuation applied to the 1,720 withheld shares on 2026-08-20
Shares owned after transaction
106,966 shares
Direct holdings of common stock after the tax-withholding disposition
Key Terms
restricted stock units, tax liability, withheld to cover
3 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"
withheld to cover financial
"The reported shares were withheld to cover the Reporting Person's"
FAQ
What insider transaction did BL report for Stuart Van Houten on August 20, 2026?
Stuart Van Houten reported the disposition of 1,720 shares of BLACKLINE, INC. common stock on 2026-08-20 at $31.92 per share to cover tax withholding from vesting restricted stock units.
Was the August 20, 2026 BL insider transaction an open-market sale?
No. The 1,720 shares reported for BLACKLINE, INC. on 2026-08-20 were withheld to cover tax liability related to vesting restricted stock units, not an elective open-market sale.
What does transaction code F mean in the BL Form 4 for Stuart Van Houten?
Transaction code F indicates payment of tax liability by delivering or withholding securities. For BLACKLINE, INC., 1,720 shares were withheld to cover Stuart Van Houten’s tax obligations from vesting restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.