Jimmy C. Duan, Chief Customer Officer of BlackLine, Inc., filed a statement of changes in beneficial ownership on August 24, 2026, reporting two transactions in the company's common stock dated August 20, 2026.

Key Highlights

  • Reporting Person: Jimmy C. Duan, identified in the filing as Chief Customer Officer of BlackLine, Inc.
  • First Transaction: 1,190 shares of common stock disposed of at $31.92 per share on August 20, 2026, via transaction code F.
  • Second Transaction: 751 shares of common stock disposed of at $31.92 per share on August 20, 2026, via transaction code F.
  • Purpose of Disposals: According to the filing, the shares were withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units.
  • Resulting Ownership: Following both transactions, Duan directly held 119,907 shares of BlackLine common stock.

BlackLine Officer Discloses Tax-Related Share Withholding Upon RSU Vesting

According to the filing, Jimmy C. Duan, Chief Customer Officer of BlackLine, Inc. (NASDAQ:BL), a financial operations management software company, reported two disposals of common stock on August 20, 2026. Both transactions carried transaction code F, which under SEC reporting conventions denotes shares withheld by the issuer to satisfy a tax obligation. The filing states explicitly that the shares were withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units.

In the first transaction, 1,190 shares were disposed of at a price of $31.92 per share, leaving Duan with a directly held balance of 120,658 shares. In the second transaction, 751 additional shares were disposed of at the same price of $31.92 per share, reducing his directly held balance to 119,907 shares. Both positions are reported as held directly. No derivative securities transactions were reported in Table II of the filing. The statement was signed by Karole Morgan-Prager as attorney-in-fact on August 24, 2026.

What Was Disclosed

The filing reported two tax-withholding disposals of BlackLine common stock by Chief Customer Officer Jimmy C. Duan on August 20, 2026, totaling 1,941 shares at $31.92 per share, with a resulting direct ownership balance of 119,907 shares.