HUGHES GREGORY 4

What Happened

• Gregory Hughes, a director of BlackLine, Inc. (BL), was granted 6,416 restricted stock units (RSUs) on May 7, 2026. The Form 4 reports the acquisition price as $0 (code A — award/grant). This is a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-08 (timely filing).
• Shares granted: 6,416 RSUs; reported acquisition price: $0.
• Shares owned after the transaction: not disclosed in the provided filing summary.
• Footnotes: F1 — automatic annual RSU award under the Issuer’s Outside Director Compensation Policy. F2 — RSUs vest in full upon the earlier of (a) the one‑year anniversary of the award or (b) the day before the company’s next annual meeting, in each case subject to Hughes’ continued service on the board.
• Transaction code: A (award/grant). No 10b5-1 plan, tax‑withholding sale, or immediate sale reported.

Context

• Director RSU awards are common as part of non-employee director compensation and are generally routine rather than a direct signal of insider sentiment. These RSUs are subject to time- and service-based vesting and were not sold immediately.