Velastegui Sophia 4

What Happened

• Sophia Velastegui, a director of BlackLine, Inc. (BL), was granted 6,416 restricted stock units (RSUs) on May 7, 2026. The filing reports an acquisition at $0.00 because these RSUs are awards (not an open‑market purchase). The award was reported on Form 4 filed May 8, 2026.

Key Details

• Transaction date: 2026-05-07; Reported price: $0.00 (award/grant, code A).
• Vesting: RSUs vest in full on the earlier of (a) the one‑year anniversary of the award or (b) the day prior to BlackLine’s next annual meeting, subject to continued board service (per footnotes F1 and F2).
• Origin: Automatic annual RSU award under BlackLine’s Outside Director Compensation Policy (F1).
• Shares owned after transaction: Not specified in the reported filing.
• Filing timeliness: Reported on Form 4 the next day (filed 2026-05-08), consistent with timely reporting.

Context

• This is a compensation award to a director (routine retention/compensation), not a purchase or sale; awards reported at $0 reflect grant status—market value will depend on BlackLine’s stock price at vesting. Such grants are common and do not by themselves indicate insider buying or selling intent.