Blackbaud director receives 7,834 restricted shares

Pyburn Bradley L reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 08/05/2026 - 04:34 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Pyburn Bradley L reported acquisition or exercise transactions in this Form 4 filing.

BLACKBAUD INC director Bradley L. Pyburn reported receiving a grant of 7,834 shares of common stock as a restricted stock award on August 3, 2026. All of these shares are scheduled to vest on August 3, 2027, or earlier immediately before the 2027 annual election of directors, provided he is then serving as a director. Following this award, his direct holdings total 13,103 common shares.

Insider Trade Summary

Grant/Award: 7,834 shares

Grant/Award 1 txn

Insider Pyburn Bradley L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	7,834	$0.00	$0.00

Holdings After Transaction: Common Stock — 13,103 shares (Direct)

Footnotes (1)

1. F1. Represents a restricted stock award, all of which shall vest on August 3, 2027 or, if earlier, immediately prior to the 2027 annual election of directors of the Company, provided that the reporting person is then serving as a director of the Company.

Key Figures

Restricted shares granted: 7,834 shares Holdings after transaction: 13,103 shares Grant price per share: $0.00 per share +1 more

4 metrics

Restricted shares granted 7,834 shares Restricted stock award to director Bradley L. Pyburn on August 3, 2026

Holdings after transaction 13,103 shares Total direct common stock holdings following the award

Grant price per share $0.00 per share Reported transaction price for the restricted stock award

Vesting date August 3, 2027 Scheduled vesting of all 7,834 restricted shares, subject to continued service

Key Terms

restricted stock award, annual election of directors

2 terms

restricted stock award financial

"Represents a restricted stock award, all of which shall vest on August 3, 2027"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

annual election of directors regulatory

"immediately prior to the 2027 annual election of directors of the Company"

A regular, yearly vote by a company’s shareholders to choose who will sit on the board of directors; nominees are presented, votes are cast in person or by proxy at a meeting or by ballot, and winners serve until the next annual election. It matters to investors because the board directs corporate strategy, hires and supervises management, and sets governance and risk policies — similar to electing a steering committee that guides how the company is run.

FAQ

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

What insider transaction did Blackbaud (BLKB) report for Bradley L. Pyburn?

Blackbaud (BLKB) reported that director Bradley L. Pyburn received a restricted stock award of 7,834 common shares on August 3, 2026. These shares increased his direct holdings to 13,103 shares according to the Form 4 filing.

When will Bradley L. Pyburn’s new Blackbaud (BLKB) restricted shares vest?

The 7,834 Blackbaud (BLKB) restricted shares will vest on August 3, 2027, or earlier immediately before the 2027 annual election of directors. Vesting is conditioned on Pyburn continuing to serve as a director at that time.

How many Blackbaud (BLKB) shares does Bradley L. Pyburn hold after this Form 4 transaction?

After the reported grant, Bradley L. Pyburn directly holds 13,103 shares of Blackbaud common stock. This total includes the newly awarded 7,834 restricted shares disclosed in the Form 4 insider trading report.

Was Bradley L. Pyburn’s Blackbaud (BLKB) transaction a market purchase or a stock grant?

The Blackbaud (BLKB) Form 4 shows a grant/award acquisition, not an open-market trade. Pyburn received 7,834 restricted shares at a reported price of $0.00 per share, consistent with an equity award rather than a cash purchase.

What condition could accelerate vesting of Bradley L. Pyburn’s Blackbaud (BLKB) restricted shares?

Vesting of the 7,834 restricted Blackbaud (BLKB) shares may occur immediately prior to the 2027 annual election of directors if that date is earlier than August 3, 2027, and if Bradley L. Pyburn is then serving as a director.

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

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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^*

Pyburn Bradley L

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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)

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	08/03/2026		A		7,834(1)	A	$0	13,103	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. Represents a restricted stock award, all of which shall vest on August 3, 2027 or, if earlier, immediately prior to the 2027 annual election of directors of the Company, provided that the reporting person is then serving as a director of the Company.

Remarks:

	/s/ S. Halle Vakani, Attorney-in-Fact	08/05/2026
	** 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)