Prichard Megan 4

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.