Prichard Megan 4
4 · BLACKLINE, INC. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
BlackLine (BL) Director Megan Prichard Receives 922 RSU Award
What Happened
Megan Prichard, recently appointed to the board of BlackLine, Inc. as a director, was granted 922 restricted stock units (RSUs) on March 11, 2026. The RSUs were issued at $0.00 (no cash paid) and represent a contingent right to one share of common stock per RSU upon settlement. This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-11; Type: Award/Grant (code A); Amount: 922 RSUs; Price: $0.00.
- Shares owned after the transaction: not specified in this Form 4.
- Vesting: 100% of the RSUs will vest the day prior to BlackLine’s next annual stockholder meeting, subject to Prichard’s continued service through that date (per footnote).
- Grant policy: Issued under the company’s Outside Director Compensation Policy.
- Filing timeliness: Reported on Form 4 with a delayed filing (filed 2026-03-26) due to a procedural delay obtaining SEC EDGAR access codes; filing was submitted promptly once codes were received (transactionTimeliness = 'L').
Context
RSUs are a common form of board compensation and are contingent rights to receive shares upon settlement and vesting; they are not immediate cash purchases or sales. This award reflects routine director compensation on appointment and should be viewed as compensation-related rather than an explicit personal market buy or sell decision.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-03-11+922→ 922 total
Footnotes (3)
- [F1]This Form 4 reports an initial grant of restricted stock units to Ms. Prichard following her appointment to the Issuer's board of directors on March 11, 2026. The filing was delayed due to a procedural delay in Ms. Prichard receiving the requisite EDGAR access codes from the SEC. This Form 4 was filed promptly upon receipt of the codes.
- [F2]Represents an initial restricted stock unit ("RSU") award issued pursuant to the Issuer's Outside Director Compensation Policy.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 100% of the RSUs will vest the day prior to the Issuer's next annual stockholder meeting, subject to the reporting person's continued service through the applicable vesting date.