4/A: Bridgeline Digital Director Amends SEC Filing to Disclose Indirect Shareholdings

Bridgeline Digital Director Joni Kahn amended a Form 4 filing to correct an inadvertent omission, disclosing indirect beneficial ownership of 6,579 shares of common stock through a family trust.

Summary

• Joni Kahn, a Director and 10% Owner of Bridgeline Digital, Inc. (BLIN), filed an amendment to her Form 4 Statement of Changes in Beneficial Ownership.
• The amendment, signed on July 8, 2025, corrects an inadvertent omission from the original Form 4 filed on June 30, 2025.
• It discloses indirect beneficial ownership of 6,579 shares of Bridgeline Digital Common Stock.
• These shares are held by the James Weil and Joni Kahn 2004 Living Trust, of which Ms. Kahn is the trustee and a beneficiary.

Sentiment

Score: 5

Explanation: The filing is a neutral, factual correction of an inadvertent omission in an insider ownership report, with no direct impact on the company's operational or financial performance.

Positives

• Correction of previously omitted information enhances transparency regarding insider holdings.

Negatives

• Initial omission of beneficial ownership information required an amendment.

Risks

• Potential for misinterpretation or lack of complete transparency if such inadvertent omissions were not corrected.

Future Outlook

No forward-looking statements or guidance are provided in this compliance filing.

Management Comments

• The amendment to Form 4 filed on June 30, 2025, is filed to include the reporting person's indirect holdings that were inadvertently omitted from such Form 4.

Industry Context

Form 4 filings are standard regulatory disclosures for company insiders, providing transparency on changes in their beneficial ownership. This amendment is a routine compliance update to ensure accuracy of such disclosures.

Related Party Transactions

• Indirect beneficial ownership of 6,579 shares held by the James Weil and Joni Kahn 2004 Living Trust, where Joni Kahn is a trustee and beneficiary.

Stakeholder Impact

• Shareholders: Increased transparency regarding the full extent of insider holdings.

Key Dates

Keywords

Bridgeline Digital, BLIN, SEC Form 4, beneficial ownership, director, common stock, trust, amendment, insider holdings