Short answer
BLACKLINE, INC. (BL) filed an 8-K current report with the SEC on August 3, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Founder Therese Tucker transitioned from full-time employment to an advisory consulting role effective July 31, 2026.
BLACKLINE, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Founder Therese Tucker transitioned from full-time employment to an advisory consulting role effective July 31, 2026
- Consulting compensation: $450 hourly rate plus customary work and travel expense reimbursement
- Either party may terminate with 30 days’ written notice, limiting long-term obligation
- Continued founder involvement supports strategic continuity but reduces day-to-day executive participation
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