Ung Jeremy 4

What Happened

• Jeremy Ung, Chief Technology Officer of BlackLine, had a total of 2,263 shares withheld to cover tax liabilities related to the vesting of restricted stock units. The withholding occurred on 2026-05-20 in two lots: 1,388 shares at $30.84 each ($42,806) and 875 shares at $30.84 each ($26,985), for a combined value of approximately $69,791.
• This was a tax-withholding disposition of vested RSUs (not an open-market sale), so it is a routine administrative action rather than a discretionary sale.

Key Details

• Transaction date: 2026-05-20; Filing date: 2026-05-21 (timely).
• Prices and amounts: 1,388 shares @ $30.84 ($42,806) and 875 shares @ $30.84 ($26,985); total 2,263 shares ~$69,791.
• Footnote: F1 — shares were withheld to cover the reporting person's tax liability on RSU vesting.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Transaction code: F (tax withholding on vesting), not a purchase (P) or voluntary sale (S).

Context

• Withholding shares to satisfy tax withholding on vested RSUs is common and administrative; it does not necessarily indicate the insider is selling shares into the market or changing their view of the company.
• For investors, purchases and open-market sales are generally more informative about insider sentiment than tax-related withholdings.