Form 4: Blackline CO-CEO Therese Tucker Reports Gift of Common Stock
SEC Form 4 Filing
Therese Tucker, CO-CEO of Blackline, Inc., reported a gift of 20,500 shares of common stock on March 11, 2025, according to a Form 4 filing with the SEC.
Summary
- On March 11, 2025, Therese Tucker, the CO-CEO of Blackline, Inc., filed a Form 4 with the SEC.
- The filing reports a gift of 20,500 shares of Blackline common stock.
- Following the transaction, Ms. Tucker directly owns 79,678 shares and indirectly owns a significant number of shares through various trusts.
- The gift was reported as a bona fide gift.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding a stock gift, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This filing indicates a change in Therese Tucker's beneficial ownership of Blackline shares.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects a change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of the stock gift transaction |
| 03/12/2025 | Date of signature on the Form 4 filing |
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