Van Houten Stuart 4
4 · BLACKLINE, INC. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
BlackLine (BL) CCO Stuart Van Houten Withholds 1,720 Shares for Taxes
What Happened
Stuart Van Houten, Chief Commercial Officer of BlackLine, had 1,720 shares withheld to satisfy his tax liability in connection with the vesting of restricted stock units (RSUs). The withheld shares are reported at $30.84 per share for a notional value of $53,045. This was a tax-withholding/settlement of an award, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-05-20; Reporting (filed) date: 2026-05-21 (filed the next day).
- Price used for withholding: $30.84 per share; shares withheld: 1,720; notional value: $53,045.
- Transaction code: F (shares withheld to cover tax liability). Footnote: withheld shares cover the Reporting Person's tax liability from RSU vesting.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing appears timely (filed the next business day).
Context
Tax-withholding on RSU vesting is routine: the company retains a portion of vested shares to cover taxes, which reduces the insider’s share count without a market sale. These transactions generally reflect administrative tax settlement rather than a change in the insider’s view on the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-20$30.84/sh−1,720$53,045→ 108,686 total
Footnotes (1)
- [F1]The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.