Blackbaud CFO granted 3,584-share stock award

Blackbaud’s CFO received 3,584 earned performance-based shares, correcting an earlier Form 4 omission.

This filing corrects an earlier one, and you can read the original Form 4 if you want to see what changed.

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.

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)

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many BLKB shares does the CFO hold after this transaction?

Following the grant reported on February 19, 2026, Chad Anderson directly holds 76,614 shares of Blackbaud Inc Common Stock, as stated in the filing.

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.

Was the BLKB CFO’s share grant made under a Rule 10b5-1 trading plan?

No. The document-level Rule 10b5-1 checkbox is unchecked, and there is no footnote stating that the February 19, 2026 grant was made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/04/2026 - 07:07 PM EDT Accepted by SEC EDGAR 09/04/2026 - 07:07 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Anderson Chad

(Last) (First) (Middle)

65 FAIRCHILD STREET

(Street)

CHARLESTON SOUTH CAROLINA 29492

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BLACKBAUD INC [ BLKB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP and CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/20/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/19/2026		A		3,584(1)	A	$0	76,614	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

This amendment corrects the Form 4 filed on February 20, 2026, which inadvertently omitted the PRSUs earned on February 19, 2026. The aggregate number of shares directly held by the reporting person as reported herein reflects the number of shares held immediately following the transaction reported herein.

	/s/ S. Halle Vakani, Attorney-in-Fact	09/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)