Blackbaud's David Benjamin may sell $100K in shares
Rhea-AI Filing Summary
BLACKBAUD INC (BLKB) received a Rule 144 notice indicating that David Benjamin may sell up to 2,086 shares of Blackbaud common stock through Merrill Lynch. The shares relate to a Restricted Stock Unit vesting on 02/13/2025 and have an indicated aggregate market value of $100,634.08. Blackbaud reports 45,390,097 common shares outstanding, and the contemplated sales are referenced with a date of 08/31/2026 on NASDAQ.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 2,086 shares of Common Stock
Aggregate market value: $100,634.08
Shares outstanding: 45,390,097 shares
+2 more
5 metrics
Shares to be sold
2,086 shares of Common Stock
Maximum amount in Rule 144 notice for David Benjamin
Aggregate market value
$100,634.08
Value of 2,086 shares referenced in the Rule 144 notice
Shares outstanding
45,390,097 shares
Blackbaud Inc. common shares outstanding as listed in the notice
Acquisition date of RSU shares
02/13/2025
Date of Restricted Stock Unit vesting from issuer
Referenced sale date
08/31/2026
Date associated with proposed NASDAQ sales in the notice
Key Terms
Rule 144, Restricted Stock Unit Vest, Compensatory Payment
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Unit Vest financial
"Common Stock | 02/13/2025 | Restricted Stock Unit Vest | Issuer"
Compensatory Payment financial
"02/13/2025 | Compensatory Payment"
FAQ
Which broker and exchange are referenced in this BLKB Form 144?
The notice identifies Merrill Lynch at One Bryant Park, New York, as the broker, and references trading on NASDAQ for the Blackbaud Inc. common stock covered.
AI-generated analysis. How Rhea-AI works. Not financial advice.