Ketslakh Michael 4

What Happened Michael Ketslakh, a director of Bridgeline Digital, was reported to have received (award/grant) 22,500 shares on January 30, 2026. The Form 4 shows the shares were acquired at a reported price of $0.00 (total reported value $0). This is an award/acquisition (code A), not a sale.

Key Details

• Transaction date: 2026-01-30; reported acquisition of 22,500 shares at $0.00 per share (total $0).
• Filing date: 2026-03-16 — the Form 4 was filed 45 days after the transaction (appears late relative to the usual 2-business-day requirement).
• Shares owned following the reported transaction: not specified in the provided filing summary.
• Footnotes:
  • F1: The shares are held by the Michael V. Ketslakh Revocable Trust; Ketslakh is the trustee and beneficiary. Prior Form 4s unintentionally omitted this indirect ownership disclosure.
  • F2: Ketslakh is the manager of INV LLC and has voting/dispositive control over INV-owned shares; he disclaims beneficial ownership except to the extent of pecuniary interest. This indirect ownership disclosure was also unintentionally omitted previously.

Context An "A" code award/grant typically reflects a compensation or director equity grant rather than an open-market purchase. Awards do not necessarily signal the insider buying stock on the open market; they often reflect company compensation arrangements. The late filing delays public transparency about the timing of the award.