STOCK TITAN

BlackLine (BL) CCO logs PRSU vesting with tax-withheld shares in Form 4

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

Rhea-AI Filing Summary

BLACKLINE, INC. chief commercial officer Stuart Van Houten reported equity award activity involving company common stock. A performance-based restricted stock unit grant vested, resulting in the acquisition of 8,979 shares at $36.15 per share, and 7,453 shares were withheld at the same price to cover tax liabilities. After these transactions, he directly owned 62,526 common shares.

Positive

  • None.

Negative

  • None.
Insider Van Houten Stuart
Role CHIEF COMMERCIAL OFFICER
Type Security Shares Price Value
Exercise Common Stock 8,979 $36.15 $325K
Tax Withholding Common Stock 7,453 $36.15 $269K
Holdings After Transaction: Common Stock — 69,979 shares (Direct)
Footnotes (1)
  1. The reported shares relate to the portion of a Performance Based Restricted Stock Unit ("PRSU") granted on April 2, 2025 that has vested based on the Issuer's achievement of certain fiscal 2025 performance targets that were set by the Compensation Committee at the time of grant. The reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of PRSUs and restricted stock units.
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*
Van Houten Stuart

(Last) (First) (Middle)
21300 VICTORY BLVD., 12TH FLOOR

(Street)
WOODLAND HILLS CA 91367

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BLACKLINE, INC. [ BL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF COMMERCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
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 02/20/2026 M 8,979(1) A $36.15 69,979 D
Common Stock 02/20/2026 F 7,453(2) D $36.15 62,526 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:
1. The reported shares relate to the portion of a Performance Based Restricted Stock Unit ("PRSU") granted on April 2, 2025 that has vested based on the Issuer's achievement of certain fiscal 2025 performance targets that were set by the Compensation Committee at the time of grant.
2. The reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of PRSUs and restricted stock units.
/s/ Karole Morgan-Prager, Attorney-in-Fact 02/24/2026
** 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 did BlackLine (BL) executive Stuart Van Houten report in this Form 4?

Stuart Van Houten reported equity award activity tied to a performance-based restricted stock unit. 8,979 common shares were acquired upon vesting, and 7,453 shares were withheld to satisfy tax obligations, leaving him with direct ownership of 62,526 BlackLine common shares.

Was the BlackLine (BL) Form 4 transaction an open-market stock purchase or sale?

No, the transactions were not open-market trades. Shares were acquired through the vesting and exercise of a performance-based restricted stock unit, and a portion of the resulting shares was withheld by the company to cover the reporting person’s tax liabilities.

How many BlackLine (BL) shares did Stuart Van Houten acquire and dispose of in this filing?

He acquired 8,979 BlackLine common shares at $36.15 per share through derivative exercise, and 7,453 shares were disposed of by withholding at the same price to satisfy tax obligations associated with the vesting of equity awards.

What type of award vested for BlackLine (BL) executive Stuart Van Houten?

The activity relates to a performance-based restricted stock unit grant awarded on April 2, 2025. The portion reported vested after BlackLine achieved certain fiscal 2025 performance targets that were established by the company’s compensation committee at the time of the grant.

How many BlackLine (BL) shares does Stuart Van Houten own after this Form 4 activity?

Following the vesting-related acquisition and the tax-withholding share disposition, Stuart Van Houten directly owns 62,526 shares of BlackLine common stock, according to the reported post-transaction balance in the Form 4 insider trading disclosure.