Form 4: BlackLine, Inc. Executive Jeremy Ung Reports Acquisition and Disposal of Common Stock

Chief Technology Officer Jeremy Ung reports acquiring 35,580 shares of BlackLine, Inc. common stock through Restricted Stock Units (RSUs) and disposing of 92,000 shares on April 2, 2025.

Summary

• On April 2, 2025, Jeremy Ung, Chief Technology Officer of BlackLine, Inc., reported a transaction involving the company's common stock.
• Ung acquired 35,580 shares of common stock through Restricted Stock Units (RSUs).
• Simultaneously, Ung disposed of 92,000 shares of common stock.
• Following these transactions, Ung directly owns 92,000 shares of BlackLine, Inc. common stock.
• The RSUs vest over time, with 25% vesting one year after February 20, 2025, and the remainder vesting in equal installments every three months thereafter, contingent upon continued service.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The vesting schedule of the RSUs extends into the future, contingent on the reporting person's continued service.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a key executive, providing transparency into insider activity.

Key Dates

Keywords

Form 4, BlackLine, Inc., Jeremy Ung, Restricted Stock Units, Common Stock, Beneficial Ownership, Officer Transactions