Therese Tucker, a director at BlackLine Inc., sold 70,000 shares of the company’s common stock on August 24, 2026, for approximately $2.24 million, according to regulatory filings. The weighted average sale price was $31.957 per share, with individual transactions ranging between $31.78 and $32.14. The same day, Tucker exercised stock options to acquire an additional 96,560 shares at $14 per share, totaling $1.35 million in costs.
The option exercises were consolidated into four equal annual installments starting from the first anniversary of the grant date, subject to continued service. Post-transaction, Tucker’s direct holdings stood at 381,557 shares, while indirect ownership through various trusts reached 4.5 million shares. Key trusts included the Brian and Therese Tucker Living Trust with 1.51 million shares and the Isaac and Roseanna Tucker 2012 Irrevocable Trusts, each holding 577,200 shares.
BlackLine’s stock, trading at $31.32 per share at the time of reporting, has declined 43% year-to-date. The company’s P/E ratio stands at 55.9, with a financial health score classified as "Good" by the reporting standard. In Q2 2026, BlackLine reported adjusted earnings of $0.61 per share, exceeding Wall Street expectations of $0.57, and revenue of $187.8 million, up 9.2% year-over-year. Subscription revenue grew 9%, while professional services revenue increased 11%.
