Drummond Camille 4

What Happened
Camille Drummond, a director of BlackLine, received a grant of 6,416 restricted stock units (RSUs) on May 7, 2026. The day before, on May 6, 2026, 178 shares were disposed (withheld) to satisfy a tax liability at $29.55 per share, totaling approximately $5,260. The RSUs were awarded as part of the company’s outside director compensation.

Key Details

• Transaction dates and amounts:
  • May 6, 2026: 178 shares withheld (tax payment) at $29.55/share — disposed for ~$5,260. (Transaction code F)
  • May 7, 2026: 6,416 RSUs granted — acquisition at $0.00 reported. (Transaction code A)
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes:
  • Award reflects the automatic annual RSU award under the Issuer’s Outside Director Compensation Policy.
  • The RSUs vest in full on the earlier of the one-year anniversary of the award or the day prior to the issuer’s next annual meeting, and are subject to continued board service.
• Filing timeliness: Report filed May 8, 2026 for transactions on May 6–7, 2026 — appears timely.

Context
This filing shows a routine director compensation award (RSUs) and a tax-withholding share disposition to satisfy withholding obligations. The RSUs are subject to future vesting and continued service, so they are not immediately tradable stock. The 178-share disposition was a tax-related withholding, not an open-market sale and therefore does not necessarily signal a change in the director’s view of the company.