Yamamoto Mika 4

What Happened

• Mika Yamamoto, 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 $0.00 (typical for RSU awards) — the award is compensation, not an open-market purchase or sale.

Key Details

• Transaction date: May 7, 2026; Amount: 6,416 RSUs; Reported price: $0.00.
• Vesting: RSUs vest in full upon the earlier of the one-year anniversary of the award or the day before BlackLine’s next annual meeting, subject to continued board service (per footnote).
• Reason: Automatic annual RSU award under the Issuer’s Outside Director Compensation Policy.
• Shares owned after the transaction: Not disclosed on this Form 4.
• Filing timeliness: Reported on Form 4 filed May 8, 2026 (timely); no 10b5-1 plan, tax-withholding, or late-filing flags noted.

Context

• RSU awards are non-cash compensation that convert to shares upon vesting; they don’t indicate an immediate purchase or sale by the insider. The reported $0.00 is the grant price; the economic value will depend on BlackLine’s stock price at vesting and is typically taxed when the RSUs vest.