KAHN JONI 4

What Happened

• Joni Kahn, a director of Bridgeline Digital (BLIN), was granted 22,500 shares on 2026-01-30 (reported as an award/acquisition at $0.00). At the same time 7,252 shares were withheld/disposed to cover tax liability at $0.82 per share for a total of $5,947. The net effect was an increase of 15,248 shares held by the reporting person/trust.

Key Details

• Transaction date: 2026-01-30; Form 4 filed 2026-03-16 (filing appears late).
• Award: 22,500 shares, acquisition code A, reported price $0.00.
• Tax withholding/payment: 7,252 shares, disposition code F, $0.82/share, $5,947 total.
• Net change: +15,248 shares (22,500 acquired minus 7,252 withheld).
• Ownership after transaction: not specified in the provided data.
• Footnote: Shares are held by the James Weil and Joni Kahn 2004 Living Trust; Kahn is trustee and a beneficiary.

Context

• The A-code indicates a grant/award (typically restricted stock or similar) rather than an open-market purchase; the F-code denotes routine withholding to satisfy tax liabilities. Such withholdings are common and do not necessarily indicate selling for investment reasons. The late filing may be an administrative oversight; late Form 4s can attract SEC attention but do not by themselves imply wrongdoing.