[Form 4] Bridgeline Digital Inc. Insider Trading Activity

Rhea-AI Filing Summary

Bridgeline Digital, Inc. (BLIN) – Form 4 insider transaction

Director Brandon Ross filed a Form 4 reporting two transactions dated 06/26/2025:

• Acquisition (Code A): 20,133 shares of common stock were awarded at $0.00 per share, increasing his stake.
• Disposition (Code F): 6,785 shares were withheld/disposed of at $1.51 per share to satisfy exercise-price or tax obligations.

The net result is a 13,348-share increase, bringing Ross’s direct ownership to 63,348 shares. No derivative securities were reported.

Positive

• Director increased direct ownership by 13,348 shares, which can be interpreted as a modest vote of confidence.

Negative

• Share withholding of 6,785 shares at $1.51 indicates the transaction was largely administrative rather than an open-market purchase, reducing the bullish signal.

Insights

Financial Analyst

TL;DR: Minor insider net purchase; signal is modestly positive but financially immaterial.

Brandon Ross increased his direct BLIN stake by roughly 13.3 k shares via an equity grant, partially offset by share withholding at $1.51. The aggregate value of shares disposed (~$10 k) and acquired (nominal cost) suggests a routine compensation-related event rather than an open-market buy. While insider purchases can indicate confidence, the small size relative to BLIN’s float limits market impact.

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^*

Ross Brandon

(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		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025

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	06/26/2025		A		20,133	A	$0	70,133	D
Common Stock	06/26/2025		F		6,785	D	$1.51	63,348	D

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:

	/s/ Brandon Ross	06/30/2025
	** 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

How many Bridgeline Digital (BLIN) shares did Director Brandon Ross acquire on 06/26/2025?

He acquired 20,133 common shares at a price of $0.00 (stock grant).

What was the transaction code for the share acquisition reported in the Form 4?

The acquisition was reported under Transaction Code A (grant, award or other acquisition).

What is Brandon Ross’s total direct ownership in BLIN after the reported transactions?

Following the transactions, Ross directly owns 63,348 BLIN common shares.

At what price were shares disposed of in the Form 4 filing?

6,785 shares were disposed of at $1.51 per share (Transaction Code F).

Were any derivative securities, such as options or warrants, involved in this Form 4?

No. Table II shows zero derivative securities acquired or disposed of.