STOCK TITAN

Blackbaud's David Benjamin may sell $100K in shares

(Neutral)
(Neutral)
Form Type
144

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

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Negative

  • None.
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
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

What does the Form 144 filing for BLKB disclose about planned share sales?

It discloses that David Benjamin may sell up to 2,086 shares of Blackbaud common stock under Rule 144, through Merrill Lynch, with the contemplated sales referenced with a date of 08/31/2026 on NASDAQ.

How many BLKB shares are covered by David Benjamin’s Form 144 notice?

The notice covers up to 2,086 shares of Blackbaud Inc. common stock, with an aggregate market value of $100,634.08 as indicated in the filing.

What is the origin of the BLKB shares in David Benjamin’s Form 144?

The filing states the shares relate to a Restricted Stock Unit Vest acquired from the Issuer on 02/13/2025, categorized as a Compensatory Payment.

How many Blackbaud (BLKB) shares are outstanding according to this filing?

The filing lists 45,390,097 Blackbaud Inc. common shares as outstanding in connection with the Rule 144 notice.

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.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature