Duan Jimmy C 4
4 · BLACKLINE, INC. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
BlackLine (BL) CCO Jimmy Duan Receives 41,040 RSU Award
What Happened
Jimmy Duan, Chief Customer Officer of BlackLine, was granted 41,040 restricted stock units (RSUs) on April 1, 2026. The grant is reported as an acquisition with a recorded acquisition price of $0.00 (standard for equity awards). This is a compensation award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-03.
- Grant type/code: A = Award/Grant (41,040 RSUs); reported acquisition price $0.00.
- Vesting (per footnote): RSUs vest 25% on the one‑year anniversary of the RSU Vesting Commencement Date (Feb 20, 2026 → first vesting ~Feb 20, 2027), then 1/16th (6.25%) every three months thereafter — effectively a 4‑year schedule (first‑year cliff then quarterly vesting).
- Shares owned after transaction: Not specified in this Form 4.
- No 10b5‑1 plan, tax‑withholding sale, or late‑filing indication noted in the filing.
Context
RSUs represent the right to receive shares if and when they vest; they do not transfer tradable shares immediately. This is routine equity compensation for an executive and does not by itself indicate a buy/sell market signal.
Insider Transaction Report
Form 4
Duan Jimmy C
Chief Customer Officer
Transactions
- Award
Common Stock
[F1]2026-04-01+41,040→ 123,330 total
Footnotes (1)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on the one (1) year anniversary of February 20, 2026 (the "RSU Vesting Commencement Date"), and 1/16th of the RSUs will vest every three months thereafter on the same day of the month as the RSU Vesting Commencement Date, subject to the reporting person's continued service through each applicable vesting date.
Signature
/s/ Karole Morgan-Prager, Attorney-in-Fact|2026-04-03