Form 4: BlackLine Co-CEO Therese Tucker Reports Stock Transactions

Therese Tucker, Co-CEO of BlackLine, Inc., reports the acquisition and disposal of common stock, including shares held directly and indirectly through various trusts.

Summary

• On March 17, 2024, Therese Tucker, Co-CEO of BlackLine, Inc., reported transactions involving the company's common stock.
• She acquired 63,390 shares of common stock at $0.
• She disposed of 299,079 shares of common stock.
• Following these transactions, Tucker directly owns 299,079 shares.
• Tucker also has indirect ownership through several trusts, including the Brian & Therese Tucker Living Trust (1,509,881 shares), Brian & Therese Tucker Charitable Remainder Trust (100,178 shares), Tucker Family CLAT (100,178 shares), Tucker Legacy Trust (874,128 shares), Tucker Legacy Trust II (129,897 shares), Isaac Tucker 2012 Irrevocable Trust (577,200 shares), Roseanna Tucker 2012 Irrevocable Trust (577,200 shares), Tucker Seimetz Safety Net Trust (250,916 shares), and Claire Seimetz 2015 Trust (54,074 shares).
• The report also details the vesting schedule for Restricted Stock Units (RSUs), with 25% vesting on the one-year anniversary of February 20, 2024, and subsequent vesting every three months thereafter.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The transactions may influence investor perception of the company's stock.

Key Dates