BlackLine, Inc. filings document operating results, governance matters, capital actions, and material events for a Nasdaq-listed SaaS provider of financial close and accounting automation. Its Form 8-K reports include quarterly and annual financial results, business metrics tied to subscription operations, platform updates, stock repurchase authorizations, and other corporate events.
BlackLine’s proxy and annual-meeting filings disclose board elections, director and executive compensation, security ownership, committee structure, and stockholder voting results. Additional filings record material agreements and governance changes related to stockholder engagement, including board composition, committee assignments, proxy solicitation matters, and the company’s common stock listing on the Nasdaq Global Select Market under the symbol BL.
BLACKLINE, INC. executive Karole Morgan-Prager reported equity award activity involving performance-based restricted stock units. On February 20, 2026, PRSUs granted in 2023, 2024, and 2025 vested upon achievement of performance targets, resulting in multiple common stock acquisitions. To satisfy related tax liabilities, 15,103 shares were withheld, leaving 119,149 common shares owned directly after these transactions.
BLACKLINE, INC. Chief Customer Officer Jimmy C. Duan reported equity award activity involving performance-based restricted stock units (PRSUs). On February 20, 2026, he acquired 7,119 shares and 4,489 shares of common stock through exercises or conversions of derivative securities tied to PRSUs that vested based on fiscal 2024 and 2025 performance targets set by the Compensation Committee. In a related tax-withholding transaction, 5,590 shares were disposed of to cover tax obligations upon vesting of PRSUs and restricted stock units. After these transactions, Duan directly held 82,290 shares of BlackLine common stock.
BlackLine, Inc. Chief Executive Officer Ryan Owen reported three bona fide gifts of common stock. He gifted 150 shares on February 18, 2026, 225 shares on February 19, 2026, and 75 shares on February 20, 2026, and directly holds 247,116 shares after these transfers.
BLACKLINE, INC. founder and director Therese Tucker reported a disposition of common stock through a bona fide gift. An entity associated with her, the Tucker Family CLAT, transferred 27,072 shares of BlackLine common stock as a charitable gift at no stated price per share.
The filing also updates Tucker’s post-transaction holdings across various direct and trust accounts. Following these updates, she held 351,128 shares directly and, for example, 1,509,881 shares indirectly through the Brian and Therese Tucker Living Trust, along with additional shares in several other family and charitable trusts.
BlackLine reported fourth-quarter and full-year 2025 results and issued 2026 guidance. Q4 GAAP revenue was $183.2 million, up 8.1% year over year, with GAAP operating margin steady at 3.7% and non-GAAP operating margin rising to 24.7% from 18.1%.
Q4 non-GAAP net income attributable to BlackLine grew to $45.2 million, or $0.63 per diluted share, from $34.6 million, or $0.47 per share, while GAAP net income fell to $4.9 million from $56.4 million. Full-year 2025 GAAP revenue reached $700.4 million, up 7.2%, and non-GAAP operating margin improved to 22.3%.
For 2025, operating cash flow was $169.6 million and free cash flow $134.9 million, both lower than 2024, and the company repurchased about 4.5 million shares for $235.5 million. BlackLine ended 2025 with 4,394 customers, dollar-based net revenue retention of 105%, and remaining performance obligation of $1.1 billion, up 23.5%.
Management highlighted record Q4 bookings, ongoing platform and AI investments, the WiseLayer acquisition, FedRAMP listing, and a completed Google Cloud migration. For 2026, BlackLine guides GAAP revenue to $764–$768 million, non-GAAP operating margin to 23.7–24.3%, and non-GAAP diluted EPS to $2.37–$2.48.
BlackLine, Inc. filed a report stating it issued a press release about certain actions taken by Engaged Capital, LLC and attached the full release as an exhibit. The company explains that its directors and certain executive officers will be participants in soliciting proxies for BlackLine’s 2026 Annual Meeting of Stockholders.
BlackLine plans to file a 2026 proxy statement with regulators and then mail the definitive proxy statement and a WHITE proxy card to stockholders entitled to vote. The company urges stockholders to review these materials, which will be available without charge from the SEC, BlackLine’s investor website, and its proxy solicitor, Mackenzie Partners, Inc.
BlackLine, Inc. filed a report stating it issued a press release about certain actions taken by Engaged Capital, LLC and attached the full release as an exhibit. The company explains that its directors and certain executive officers will be participants in soliciting proxies for BlackLine’s 2026 Annual Meeting of Stockholders.
BlackLine plans to file a 2026 proxy statement with regulators and then mail the definitive proxy statement and a WHITE proxy card to stockholders entitled to vote. The company urges stockholders to review these materials, which will be available without charge from the SEC, BlackLine’s investor website, and its proxy solicitor, Mackenzie Partners, Inc.
Engaged Capital, LLC has formally launched an activist campaign at BlackLine, Inc., confirming it has submitted a nomination notice for three independent director candidates for election at BlackLine’s 2026 annual meeting of stockholders. The proposed slate comprises Storm Duncan, Christopher Hallenbeck and Christopher L. Young, who are described as having significant software, M&A and governance experience. BlackLine has indicated that only three board seats will be up for election at the meeting, including one currently held by founder Therese Tucker, meaning Engaged’s slate would cover all seats in contest. Engaged Capital Flagship Master Fund, LP is disclosed as directly beneficially owning 1,015,619 shares of BlackLine common stock, with related Engaged entities and founder Glenn W. Welling deemed beneficial owners of the same shares. Engaged is preparing a preliminary proxy statement and a BLUE universal proxy card and is promoting its campaign via a dedicated website, email and social media channels.
Engaged Capital, LLC has formally launched an activist campaign at BlackLine, Inc., confirming it has submitted a nomination notice for three independent director candidates for election at BlackLine’s 2026 annual meeting of stockholders. The proposed slate comprises Storm Duncan, Christopher Hallenbeck and Christopher L. Young, who are described as having significant software, M&A and governance experience. BlackLine has indicated that only three board seats will be up for election at the meeting, including one currently held by founder Therese Tucker, meaning Engaged’s slate would cover all seats in contest. Engaged Capital Flagship Master Fund, LP is disclosed as directly beneficially owning 1,015,619 shares of BlackLine common stock, with related Engaged entities and founder Glenn W. Welling deemed beneficial owners of the same shares. Engaged is preparing a preliminary proxy statement and a BLUE universal proxy card and is promoting its campaign via a dedicated website, email and social media channels.
Engaged Capital and affiliated entities have launched an activist campaign at BlackLine, Inc., stating they intend to file a preliminary proxy statement and use a BLUE universal proxy card to seek election of their own slate of director nominees at the Company’s 2026 annual meeting of stockholders.
The group includes Engaged Capital Flagship Master Fund, LP, Engaged Capital, LLC, Engaged Capital Holdings, LLC, and several individuals led by Glenn W. Welling. Engaged Capital Flagship Master Fund directly beneficially owns 1,015,619 shares of BlackLine common stock, and related Engaged Capital entities and Mr. Welling may be deemed to share beneficial ownership of those shares, while the other named individuals currently report no beneficial ownership.
Engaged Capital and related entities have disclosed plans to run an alternative director slate at BlackLine, Inc.’s 2026 annual stockholder meeting, using a BLUE universal proxy card to solicit votes. The group includes Engaged Capital Flagship Master Fund, Engaged Capital, Engaged Capital Holdings, and individuals Glenn W. Welling, Storm Duncan, Christopher Hallenbeck, Christopher L. Young and Christopher B. Hetrick. Engaged Capital Flagship Master Fund currently beneficially owns 1,015,619 shares of BlackLine common stock, with related Engaged entities and Mr. Welling deemed to share beneficial ownership of that stake. The participants have also launched a campaign website, SaveBlackLine.com, and posted materials on X and LinkedIn, and are urging stockholders to read forthcoming proxy materials that will be available free through the SEC and their proxy solicitor.
Engaged Capital, LLC has filed materials indicating it plans to run a proxy campaign at BlackLine, Inc.’s 2026 annual meeting by nominating its own slate of directors and using a BLUE universal proxy card. The fund criticizes the current Board’s handling of strategic options, including what it describes as a reported rejection of a premium acquisition proposal and plans to reduce Board size, and argues that a Board reconstitution is needed so potential transactions, including a possible sale, are evaluated objectively.
Engaged Capital highlights four proposed director candidates with backgrounds in software, M&A, governance and corporate strategy: Storm Duncan, Christopher Hallenbeck, Christopher L. Young and Christopher B. Hetrick. An affiliate, Engaged Capital Flagship Master Fund, LP, directly beneficially owns 1,083,619 shares of BlackLine common stock. Engaged Capital has also launched www.SaveBlackLine.com to share further information with stockholders about its campaign.