BlackLine CFO Patrick Villanova Sells 1,759 Shares for Tax Withholding

Patrick Villanova, Chief Financial Officer of BlackLine, Inc., filed a Form 4 disclosing the sale of 1,759 shares of common stock on May 20, 2026. The transactions involved 259 shares, 300 shares, and 1,200 shares sold at $30.84 per share, all coded as "F" for tax withholding purposes. According to footnote disclosures, these shares were withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units. Following these transactions, Villanova's direct ownership decreased from 134,581 shares to 132,822 shares. The filing also notes that 459 shares were acquired on May 8, 2026 through the company's Employee Stock Purchase Plan under Rule 16b-3 exemptions. This represents routine executive stock transactions related to equity compensation rather than discretionary trading.