Ung Jeremy 4

What Happened

• Jeremy Ung, Chief Technology Officer of BlackLine, Inc. (BL), received a grant of 50,610 restricted stock units (RSUs) on April 1, 2026. The award was reported as acquired at $0.00 per share (a compensation grant rather than an open-market purchase).

Key Details

• Transaction date and price: 2026-04-01; grant price $0.00 (award).
• Shares/units granted: 50,610 RSUs (each RSU represents one share upon vesting).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Vesting: Per the filing footnote, 25% of the RSUs vest on the one-year anniversary of the RSU Vesting Commencement Date (Feb 20, 2026 → first vesting on Feb 20, 2027), then 1/16th of the RSUs vest every three months thereafter on the same day of the month, subject to continued service. This implies a multi-year vesting schedule (25% at year 1, then quarterly installments thereafter).
• Filing timeliness: Report filed 2026-04-03 for a 2026-04-01 grant; appears to be timely (Form 4s are generally due within two business days).

Context

• This was a compensation award (RSUs), not an open-market purchase or sale. RSUs convert to actual shares only as they vest and typically create taxable income at vesting. Such grants are common for executive compensation and reflect long-term incentive design rather than an immediate trading signal.