Form 4: BlackLine, Inc. Executive Jeremy Ung Reports Stock Transaction
SEC Form 4 Filing
Chief Technology Officer Jeremy Ung reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On May 20, 2025, Jeremy Ung, Chief Technology Officer of BlackLine, Inc., disposed of 5,551 shares of common stock to cover tax liabilities associated with the vesting of restricted stock units.
- The shares were sold at a price of $55.43 per share.
- Following the transaction, Ung directly owns 86,449 shares of BlackLine, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock transaction (disposal of shares). |
| 05/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, BlackLine, Inc., Jeremy Ung, Stock Transaction, Chief Technology Officer, Restricted Stock Units, Tax Liability, Beneficial Ownership
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