Form 4: BlackLine, Inc. Executive Michelle D. Stalick Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michelle D. Stalick, Chief Accounting Officer of BlackLine, Inc., reports the disposal of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On May 20, 2025, Michelle D. Stalick, Chief Accounting Officer of BlackLine, Inc., disposed of a total of 1,535 shares of common stock to cover tax liabilities associated with the vesting of restricted stock units (RSUs).
- The transactions were executed at a price of $55.43 per share.
- Following these transactions, Stalick directly owns 26,030 shares of BlackLine, Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a routine transaction related to tax obligations on vested equity.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations from vested equity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of transaction: Disposal of common stock to cover tax liabilities. |
| 05/21/2025 | Date of signature for the report. |
Keywords
BlackLine, Stalick, Beneficial Ownership, Form 4, SEC, RSUs, Tax Liability, Common Stock, Officer
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