BlackLine (BL) director Megan Prichard receives 922 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prichard Megan reported acquisition or exercise transactions in this Form 4 filing.
BLACKLINE, INC. director Megan Prichard reported an initial equity grant tied to her appointment to the company’s board on March 11, 2026. She received 922 restricted stock units (RSUs), each representing one share of common stock upon settlement, bringing her direct holdings to 922 shares-equivalent.
The RSUs were granted under BlackLine’s Outside Director Compensation Policy. According to the terms, 100% of the RSUs vest the day before BlackLine’s next annual stockholder meeting, as long as she continues serving on the board through that vesting date. The filing notes it was delayed due to procedural timing in her receiving SEC EDGAR access codes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Prichard Megan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 922 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 922 shares (Direct)
Footnotes (1)
- This Form 4 reports an initial grant of restricted stock units to Ms. Prichard following her appointment to the Issuer's board of directors on March 11, 2026. The filing was delayed due to a procedural delay in Ms. Prichard receiving the requisite EDGAR access codes from the SEC. This Form 4 was filed promptly upon receipt of the codes. Represents an initial restricted stock unit ("RSU") award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 100% of the RSUs will vest the day prior to the Issuer's next annual stockholder meeting, subject to the reporting person's continued service through the applicable vesting date.
FAQ
What insider transaction did BlackLine (BL) director Megan Prichard report?
Director Megan Prichard reported receiving an initial grant of 922 restricted stock units in BlackLine. These RSUs were awarded in connection with her appointment to the board and represent compensation in equity rather than a market purchase of shares.
When do Megan Prichard’s BlackLine (BL) RSUs vest?
All 922 RSUs are scheduled to vest on the day before BlackLine’s next annual stockholder meeting. Vesting is conditioned on her continued service as a director through that vesting date, aligning her compensation with ongoing board participation.
Was Megan Prichard’s BlackLine (BL) Form 4 filing late?
Yes, the Form 4 was delayed because she had a procedural delay obtaining required SEC EDGAR access codes. The filing states it was submitted promptly once she received those codes, indicating the timing issue was administrative rather than transaction-related.
What policy governs Megan Prichard’s RSU grant at BlackLine (BL)?
The award was issued under BlackLine’s Outside Director Compensation Policy. This policy provides equity-based compensation to non-employee directors, and in this case granted 922 RSUs that vest before the next annual stockholder meeting, subject to continued board service.