Van Houten Stuart 4
Research Summary
AI-generated summary
BlackLine CCO Stuart Van Houten Receives 47,880 RSUs
What Happened
Stuart Van Houten, Chief Commercial Officer of BlackLine, was granted 47,880 restricted stock units (RSUs) on April 1, 2026. The grant was reported on a Form 4 filed April 3, 2026. The reported acquisition price is $0.00 (standard for compensation awards); there was no cash purchase.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (timely filing).
- Transaction type/code: Award/Other acquisition (A).
- Shares/units granted: 47,880 RSUs; reported acquisition price: $0.00 (no immediate cash value realized).
- Shares owned after transaction: not specified in the filing.
- Footnote on vesting: 25% of RSUs vest on the one-year anniversary of Feb 20, 2026 (the RSU Vesting Commencement Date); thereafter 1/16th of the RSUs vest every three months on the same day of the month as that commencement date, subject to continued service.
Context
RSUs are compensation awards that convert to actual shares only as they vest; this grant reflects executive compensation rather than an open-market purchase or sale. Such awards are common for retention and alignment with shareholders and do not by themselves indicate a buy/sell signal.