Blackbaud officer plans sale of 2,000 shares
Rhea-AI Filing Summary
BLACKBAUD INC (BLKB) received a Rule 144 notice from officer Chad Anderson covering a planned sale of common stock. The notice relates to 2,000 shares of common stock associated with vested restricted stock units, with an indicated aggregate value of $95,058.04. The shares arise from compensatory RSU vests of 215 shares on February 18, 2025 and 1,785 shares on February 21, 2025. Common stock is listed on NASDAQ, and total common shares outstanding are stated as 45,390,097 as of September 1, 2026; this is a baseline figure, not the amount being sold.
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Negative
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Key Figures
Shares to be sold: 2,000 shares of common stock
Aggregate value of securities to be sold: $95,058.04
RSU vest 1: 215 shares
+2 more
5 metrics
Shares to be sold
2,000 shares of common stock
Planned sale under Rule 144 by officer Chad Anderson
Aggregate value of securities to be sold
$95,058.04
Value associated with 2,000 shares of common stock in the notice
RSU vest 1
215 shares
Restricted Stock Unit vest on February 18, 2025 as compensatory payment
RSU vest 2
1,785 shares
Restricted Stock Unit vest on February 21, 2025 as compensatory payment
Shares outstanding
45,390,097 shares
Total Blackbaud Inc common shares as of September 1, 2026
Key Terms
Rule 144, Restricted Stock Unit, 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 financial
"Common Stock | 02/18/2025 | Restricted Stock Unit Vest | Issuer"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Compensatory Payment financial
"215 | 02/18/2025 | Compensatory Payment"
FAQ
What does the Form 144 filing involve for BLKB?
The Form 144 notice relates to 2,000 shares of Blackbaud Inc common stock that officer Chad Anderson may sell under Rule 144, tied to vested restricted stock units with an aggregate stated value of $95,058.04.
On which exchange is Blackbaud (BLKB) common stock listed in this disclosure?
Blackbaud Inc common stock is identified as listed on NASDAQ in the securities information related to the planned Rule 144 sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.