Davidson Scott 4

What Happened
Davidson Scott, a director of BlackLine, Inc. (BL), was granted 6,416 restricted stock units (RSUs) on May 7, 2026. The award was reported at $0.00 per share (total reported value $0) and reflects an automatic annual RSU award under the company’s Outside Director Compensation Policy. This is a compensation grant (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-05-07 (reported on Form 4 filed 2026-05-08). Transaction code: A (award/grant).
• Shares awarded: 6,416 RSUs; reported price $0.00; reported total $0.
• Vesting: RSUs vest in full upon the earlier of the one‑year anniversary of the award date or the day before BlackLine’s next annual meeting, subject to continued board service (per footnotes).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed the day after the award date; no indication in the filing excerpt that this was late.

Context
RSUs are a form of equity compensation that convert to shares (or cash equivalent) upon vesting; they require continued service to the board and do not involve an upfront cash purchase. Director RSU grants are routine compensation and don’t, by themselves, indicate the director is buying or selling stock.