Duan Jimmy C 4

What Happened Jimmy C. Duan, Chief Customer Officer of BlackLine, had 1,941 shares withheld on May 20, 2026 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withholding was executed at $30.84 per share (1,190 shares = $36,700; 751 shares = $23,161), for a combined value of $59,861. These shares were withheld/disposed to cover the tax liability, not sold as an open-market sale.

Key Details

• Transaction date: May 20, 2026; filing date: May 21, 2026 (timely).
• Price per share: $30.84.
• Shares withheld/disposed: 1,941 shares; total value ≈ $59,861.
• Transaction code F = tax withholding to satisfy tax liability on vested awards.
• Footnote F1: confirms shares were withheld to cover the Reporting Person's tax liability on RSU vesting.
• Footnote F2: notes 459 shares were acquired May 8, 2026 via the company ESPP (exempt under Rule 16b-3).
• Shares owned after the transaction: not disclosed in the Form 4 filing.

Context Withholdings to cover taxes on vested RSUs are routine administrative transactions and do not indicate an open-market sale or a change in insider sentiment. This is a disposal only in the technical/reporting sense (shares surrendered to the company for tax purposes), not necessarily a bearish trade.