Ross Brandon 4

What Happened
Ross Brandon, a director of Bridgeline Digital, received an award of 22,500 shares on January 30, 2026 (transaction code A). To cover the tax liability from that grant, 7,583 shares were withheld by the company at $0.82 per share, a withholding value of about $6,218 (transaction code F). After the withholding, Brandon retained approximately 14,917 net shares from this grant. The award is an acquisition of shares (not an open-market purchase).

Key Details

• Transaction date: 2026-01-30. Award: 22,500 shares at $0.00 (standard reporting for grants). Withholding: 7,583 shares at $0.82/share (≈ $6,218) to satisfy tax obligations.
• Net shares retained from this grant: ~14,917 (22,500 awarded − 7,583 withheld).
• Shares owned after the transaction: not specified in the provided filing data.
• Footnote/transaction codes: A = award/grant; F = payment of tax liability via share withholding (common for restricted stock or similar awards).
• Filing timeliness: The Form 4 was filed on 2026-03-16 for a 2026-01-30 transaction, indicating a late filing; delayed filings can reduce the immediacy of the disclosure for investors.

Context
This was a stock award with shares withheld to cover taxes (a routine administrative step), not an indicated open-market purchase or strategic sale. Awards increase insider ownership but do not necessarily signal a purchase-based bullish bet; the withholding simply fulfills tax obligations arising from the grant.