HENSHALL DAVID J 4
Research Summary
AI-generated summary
BlackLine (BL) Director David Henshall Receives RSU Award
What Happened David J. Henshall, a member of BlackLine, Inc.'s board of directors, was granted 6,416 restricted stock units (RSUs) on May 7, 2026. The award is reported at $0.00 per share (no cash paid); the reported total value is $0 because these are RSUs, not a cash purchase. This is an equity compensation grant under the company's outside director compensation policy, not a market buy or sale.
Key Details
- Transaction type: Award/Grant (Code A) of 6,416 RSUs on 2026-05-07 at $0.00 per share.
- Vesting: RSUs vest in full upon the earlier of (i) the one-year anniversary of the award or (ii) the day prior to the issuer's next annual meeting, contingent on continued service (see footnote F2).
- Policy: The award is an automatic annual RSU award under the Issuer's Outside Director Compensation Policy (footnote F1).
- Filing: Form 4 filed 2026-05-08 for a report period of 2026-05-07 — filing appears timely.
- Shares owned after transaction: not specified in the provided filing details.
Context RSU awards to outside directors are routine compensation and do not require an upfront cash payment; value is realized only if and when RSUs vest and convert to shares. Such grants are common and typically reflect standard director pay rather than an explicit buy/sell signal about the company's stock.