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

Therese Tucker, CO-CEO of BlackLine, Inc., reports acquisition and disposal of common stock and restricted stock units.

Summary

• Therese Tucker, CO-CEO of BlackLine, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On April 2, 2025, Tucker acquired 76,250 shares of common stock represented by Restricted Stock Units (RSUs).
• These RSUs vest over time, with 25% vesting on the one-year anniversary of February 20, 2025, and the remainder vesting quarterly thereafter.
• Tucker also disposed of 363,819 shares of common stock.
• Tucker also has indirect ownership of shares through various trusts, including the Brian and Therese Tucker Charitable Remainder Trust (100,178 shares), the Brian and Therese Tucker Living Trust (1,509,881 shares), and other family trusts.
• The report also notes an immaterial change in the number of shares gifted by the reporting person as previously reported.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company executives as it can provide insights into their confidence in the company's future prospects.

Key Dates

Keywords

Form 4, BlackLine, Therese Tucker, Beneficial Ownership, Stock Transaction, RSU, CO-CEO