Business Context and Reporting Period
This Form 8-K is a current report filed by BlackLine, Inc. on September 20, 2024. The filing primarily addresses corporate governance changes, specifically the appointment of a new director to the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on personnel appointments rather than financial performance data.
Material Changes
The material change reported is the appointment of David Henshall as a member of the Board of Directors, effective September 23, 2024. Key details include:
- Term: Expires at the 2026 annual meeting of stockholders.
- Committee Assignment: Mr. Henshall will join the Compensation Committee.
- Background: Former President and CEO of Citrix Systems, Inc. (2017–2021); currently serves on the boards of Aspen Technology, HashiCorp, and Feedzai.
- Compensation: Entitled to cash and equity compensation per the Outside Director Compensation Policy.
Guidance, Outlook, and Risks
The filing does not contain updated financial guidance, management commentary on future outlook, or specific risk factors. It notes that Mr. Henshall has no family relationships with other directors or officers and no material interest in transactions requiring disclosure under Item 404(a) of Regulation S-K.
Key Facts for Investor Verification
- Verify the effective date of David Henshall's board term (September 23, 2024).
- Review the Company's 2024 proxy statement for details on the Outside Director Compensation Policy applicable to Mr. Henshall.
- Confirm the absence of any undisclosed material interests or family relationships as stated in the filing.
- Note that this filing does not include financial results; refer to the most recent 10-Q or 10-K for financial metrics.