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Bridgeline (NASDAQ: BLIN) CEO adds 54,301 shares in open-market buys

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Bridgeline Digital, Inc. insider activity: President and CEO Roger E. Kahn, who is also a 10% owner and director, reported multiple open-market purchases of Bridgeline common stock. On February 17, he bought 35,301 shares at a weighted average price of $0.75 per share. On February 18, he bought 14,000 shares at $0.82 per share, and on February 19, he bought 5,000 shares at $0.85 per share, for a total of 54,301 shares acquired in these transactions.

After these purchases, Kahn directly owned 1,763,736 shares of common stock. The filing also notes an additional 544 shares held indirectly by his spouse, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. Some trades were executed in multiple lots within stated price ranges, and the reported prices are weighted averages.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kahn Roger E.

(Last) (First) (Middle)
100 SYLVAN RD. SUITE G-700

(Street)
WOBURN MA 01801

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bridgeline Digital, Inc. [ BLIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 P(1) 35,301 A $0.75 1,744,736 D
Common Stock 02/18/2026 P(2) 14,000 A $0.82 1,758,736 D
Common Stock 02/19/2026 P 5,000 A $0.85 1,763,736 D
Common Stock 544(3) I By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at a prices ranging from $0.74 to $0.77. The reported price in Column 4 is a weighted average price, rounded to the nearest hundredth. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
2. This transaction was executed in multiple trades at a prices ranging from $0.77 to $0.87. The reported price in Column 4 is a weighted average price, rounded to the nearest hundredth. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
3. The Reporting Person disclaims beneficial ownership of the securities held by his spouse, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose.
/s/ Roger E. Kahn 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did BLIN President and CEO Roger E. Kahn report?

Roger E. Kahn reported buying Bridgeline common stock in three open-market transactions totaling 54,301 shares. These purchases occurred on February 17, 18, and 19, 2026, at weighted average prices between $0.75 and $0.85 per share.

How many BLIN shares does Roger E. Kahn own after the reported Form 4 trades?

After the reported trades, Roger E. Kahn directly owned 1,763,736 shares of Bridgeline common stock. The filing also reflects 544 additional shares held indirectly by his spouse, for which he disclaims beneficial ownership except for any pecuniary interest.

At what prices did Roger E. Kahn buy BLIN stock in these transactions?

Kahn’s reported purchases were at weighted average prices of $0.75, $0.82, and $0.85 per share. Footnotes explain that some trades were executed in multiple lots within price ranges, and the reported prices are rounded weighted averages.

How many BLIN shares did Roger E. Kahn buy on each reported date?

On February 17, 2026, Kahn bought 35,301 shares; on February 18, he bought 14,000 shares; and on February 19, he bought 5,000 shares. All transactions involved Bridgeline common stock acquired in open-market purchases.

What does the Form 4 say about BLIN shares held by Roger E. Kahn’s spouse?

The Form 4 shows 544 Bridgeline shares held indirectly by Kahn’s spouse. It states that Kahn disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest, and that the report should not be viewed as an admission of beneficial ownership.

Were Roger E. Kahn’s BLIN stock trades single executions or multiple trades?

Some of Kahn’s Bridgeline stock purchases were executed in multiple trades within specified price ranges. The reported per-share prices are weighted averages, rounded to the nearest cent, with full trade-by-trade details available upon request to the issuer or regulators.
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