Windhausen Thomas R. 4

What Happened
Thomas R. Windhausen, Chief Financial Officer of Bridgeline Digital, Inc. (BLIN), was granted a 50,000-share award classified as a derivative on 2026-01-30. The award shows an acquisition price of $0.00 (no cash paid). This is a compensation/award grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-30; Filing date: 2026-02-02 (timely filed).
• Amount: 50,000 shares (derivative securities) at $0.00 per share.
• Vesting: Vests ratably in twelve (12) equal quarterly installments beginning on the first fiscal quarter following the grant (12 quarters = ~3 years). (Footnote F1)
• Shares owned after transaction: Not specified in the filing.
• Transaction type code: A = Award/Grant (derivative). No 10b5-1 or tax-withholding notes reported.

Context
This was a compensation-related derivative award (typical for executives) that vests over time; it does not represent an immediate stock purchase or sale. Such awards are commonly used for retention and incentive alignment and should be viewed as compensation, not a direct market-based vote on the company's near-term share price.