Blackbaud CFO granted 3,584-share stock award
Blackbaud’s CFO received 3,584 earned performance-based shares, correcting an earlier Form 4 omission.
Rhea-AI Filing Summary
BLACKBAUD INC (BLKB) reports that Executive VP and CFO Chad Anderson received an equity award of 3,584 shares of Common Stock on February 19, 2026, as a grant/award acquisition tied to performance restricted stock units earned for the period ended December 31, 2025. After this award, he directly holds 76,614 shares. The amendment corrects an earlier Form 4 that had omitted these PRSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,584 shares
Grant/Award
1 txn
Insider
Anderson Chad
Role
Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,584 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 76,614 shares (Direct)
Footnotes (1)
- F1. The Compensation Committee determined that performance restricted stock units ("PRSUs") granted on February 19, 2025 would vest in three equal annual installments beginning on February 19, 2026, based on the Issuer achieving performance goals for the period ended December 31, 2025.
Key Figures
Shares granted: 3,584 shares
Shares held after transaction: 76,614 shares
Grant price per share: $0.00 per share
+2 more
5 metrics
Shares granted
3,584 shares
Equity award to CFO on February 19, 2026
Shares held after transaction
76,614 shares
Direct holdings of CFO immediately following the award
Grant price per share
$0.00 per share
Reported transaction price for the award
PRSU grant date
February 19, 2025
Performance RSUs that vest over three years
Vesting installments
3 equal annual installments
PRSUs vest beginning February 19, 2026
Key Terms
performance restricted stock units, vest in three equal annual installments, Compensation Committee
3 terms
performance restricted stock units financial
"The Compensation Committee determined that performance restricted stock units ("PRSUs") granted"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
vest in three equal annual installments financial
"PRSUs granted on February 19, 2025 would vest in three equal annual installments"
Compensation Committee financial
"The Compensation Committee determined that performance restricted stock units"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What insider transaction did BLKB disclose for its CFO in this amended Form 4?
The company disclosed that its CFO, Chad Anderson, received a grant of 3,584 shares of Common Stock on February 19, 2026, as an equity award related to earned performance restricted stock units for the period ended December 31, 2025.
Why did BLACKBAUD INC (BLKB) file this Form 4/A amendment?
The amendment was filed because the prior Form 4 on February 20, 2026 inadvertently omitted the performance restricted stock units earned on February 19, 2026. This filing updates the reported direct share holdings to reflect that transaction.
What are the terms of the PRSU award described in the BLKB Form 4/A?
The filing states that performance restricted stock units granted on February 19, 2025 vest in three equal annual installments beginning on February 19, 2026, based on Blackbaud achieving performance goals for the period ended December 31, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.