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[Form 4] Bridgeline Digital, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Bridgeline Digital, Inc. President and CEO Roger E. Kahn reported receiving a grant of 300,000 shares of common stock on 01/30/2026 under the company’s 2025 Stock Incentive Plan at a stated value of $0.82 per share. These restricted shares will vest in twelve equal installments over twelve fiscal quarters, starting with the first quarter after the grant date.

Following this award, Kahn directly reports beneficial ownership of 1,709,435 common shares. He also reports 544 common shares held indirectly by his spouse and formally disclaims beneficial ownership of those spouse-held shares except to the extent of any pecuniary interest.

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)
01/30/2026
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 01/30/2026 A(1) 300,000 A $0.82 1,709,435 D
Common Stock 544(2) 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. Reporting Person received a restricted stock award pursuant to the Issuer's 2025 Stock Incentive Plan, as amended. The restricted stock award shall vest in twelve (12) equal installments over a period of twelve (12) quarters, commencing with the first fiscal quarter following the date of grant.
2. 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 02/02/2026
** 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 transaction did BLIN President and CEO Roger Kahn report?

Roger Kahn reported receiving 300,000 shares of Bridgeline Digital common stock as a restricted stock award. The grant was made on January 30, 2026 under the 2025 Stock Incentive Plan at a reference price of $0.82 per share, subject to multi-quarter vesting.

How do the 300,000 BLIN restricted shares for Roger Kahn vest?

The 300,000 restricted shares granted to Roger Kahn vest in twelve equal installments over twelve fiscal quarters. Vesting begins with the first fiscal quarter following the January 30, 2026 grant date, meaning one-twelfth of the award vests each quarter until fully vested.

How many BLIN shares does Roger Kahn report owning after this transaction?

After the restricted stock grant, Roger Kahn reports direct beneficial ownership of 1,709,435 Bridgeline Digital common shares. This figure reflects his holdings following the January 30, 2026 award, separate from a small indirect position reported as held by his spouse.

What BLIN shares are reported as indirectly owned by Roger Kahn’s spouse?

The filing lists 544 Bridgeline Digital common shares as indirectly held "By Spouse." Roger Kahn formally disclaims beneficial ownership of these spouse-held securities, except to the extent of any pecuniary interest, and clarifies that the report does not concede beneficial ownership status.

Under which plan was Roger Kahn’s BLIN restricted stock award granted?

The 300,000-share restricted stock award to Roger Kahn was granted under Bridgeline Digital’s 2025 Stock Incentive Plan, as amended. This plan governs equity compensation and specifies terms such as multi-quarter vesting and the structure of awards for executives and other eligible participants.

What is Roger Kahn’s role and ownership status at BLIN according to the filing?

Roger Kahn is identified as Bridgeline Digital’s President and CEO, a director, and a ten percent owner. His status is based on his reported beneficial holdings, including the new restricted stock award, and is disclosed in connection with the insider ownership reporting requirements.
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