01:59 PM EST, 02/02/2026 (MT Newswires) -- BlackLine ( BL ) said Monday it received a notice from Engaged Capital nominating three candidates for election to its board of directors at the annual meeting.

The nominating and corporate governance committee will review the proposed nominees before the board issues formal recommendations in a proxy statement.

BlackLine ( BL ) CEO Owen Ryan said the firm will provide updates on its refreshed strategy and full-year 2026 outlook during a February earnings call.

Director Tom Unterman will not seek reelection, resulting in a reduction of the board size to 11 members from 12 following the meeting, the company said.

Shares of BlackLine ( BL ) were up nearly 2% in recent trading.

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