Ketslakh Michael 4
4 · Bridgeline Digital, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Bridgeline (BLIN) Director Michael Ketslakh Receives 22,500-Share Award
What Happened Michael Ketslakh, a director of Bridgeline Digital, was reported to have received (award/grant) 22,500 shares on January 30, 2026. The Form 4 shows the shares were acquired at a reported price of $0.00 (total reported value $0). This is an award/acquisition (code A), not a sale.
Key Details
- Transaction date: 2026-01-30; reported acquisition of 22,500 shares at $0.00 per share (total $0).
- Filing date: 2026-03-16 — the Form 4 was filed 45 days after the transaction (appears late relative to the usual 2-business-day requirement).
- Shares owned following the reported transaction: not specified in the provided filing summary.
- Footnotes:
- F1: The shares are held by the Michael V. Ketslakh Revocable Trust; Ketslakh is the trustee and beneficiary. Prior Form 4s unintentionally omitted this indirect ownership disclosure.
- F2: Ketslakh is the manager of INV LLC and has voting/dispositive control over INV-owned shares; he disclaims beneficial ownership except to the extent of pecuniary interest. This indirect ownership disclosure was also unintentionally omitted previously.
Context An "A" code award/grant typically reflects a compensation or director equity grant rather than an open-market purchase. Awards do not necessarily signal the insider buying stock on the open market; they often reflect company compensation arrangements. The late filing delays public transparency about the timing of the award.
Insider Transaction Report
- Award
Common Stock
2026-01-30+22,500→ 63,986 total
- 394,736(indirect: By Trust)
Common Stock
[F1] - 57,620(indirect: By LLC)
Common Stock
[F2]
Footnotes (2)
- [F1]These shares are held by the Michael V. Ketslakh Revocable Trust, of which the Reporting Person is the trustee and beneficiary. The foregoing disclosure regarding the Reporting Person's indirect beneficial ownership was unintentionally omitted from previous Form 4 filings.
- [F2]The Reporting Person is the Manager of INV LLC ("INV"). As such, the Reporting Person has voting and dispositive control over the shares owned by INV. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The foregoing disclosure regarding the Reporting Person's indirect beneficial ownership was unintentionally omitted from previous Form 4 filings.