Blackbaud (BLKB) awards director Kristian Talvitie 7,834 restricted shares

Rhea-AI Filing Summary

Talvitie Kristian reported acquisition or exercise transactions in this Form 4 filing.

Blackbaud Inc. director Kristian Talvitie received a grant of 7,834 shares of common stock as a restricted stock award. All shares vest on August 3, 2027, or earlier immediately before the 2027 annual election of directors, provided he is then serving as a director. After this award, he directly holds 15,887 Blackbaud common shares.

Insider Trade Summary

Net Buyer: 7,834 shares

Net Buy 1 txn

Insider Talvitie Kristian

Role Director

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

Holdings After Transaction: Common Stock — 15,887 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 stock award: 7,834 shares Post-grant direct holdings: 15,887 shares Vesting date: August 3, 2027 +1 more

4 metrics

Restricted stock award 7,834 shares Shares of Blackbaud common stock granted to director Kristian Talvitie

Post-grant direct holdings 15,887 shares Total Blackbaud common shares Talvitie owns directly after the award

Vesting date August 3, 2027 Date when all restricted shares vest, subject to continued service as director

Reported price per share 0.0000 Per-share value reported for the restricted stock award

Key Terms

restricted stock award, vest, annual election of directors

3 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.

vest financial

"all of which shall vest on August 3, 2027 or, if earlier, immediately prior"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/05/2026 - 04:35 PM Accepted by SEC EDGAR 08/05/2026 - 04:34 PM Learn about SEC filing dates

FAQ

What transaction did Kristian Talvitie report for Blackbaud (BLKB)?

Kristian Talvitie reported receiving a restricted stock award of 7,834 Blackbaud common shares. The grant is an equity award for his service as a director and was reported as an acquisition of non-derivative common stock on August 3, 2026.

How many Blackbaud (BLKB) shares were granted to director Kristian Talvitie?

Kristian Talvitie was granted 7,834 shares of Blackbaud common stock as a restricted stock award. These shares are subject to vesting conditions tied to his continued service on the company’s board through the 2027 director election cycle.

When do Kristian Talvitie’s restricted Blackbaud (BLKB) shares vest?

All 7,834 restricted shares vest on August 3, 2027, or earlier immediately before the 2027 annual election of directors. Vesting is conditioned on Talvitie still serving as a director at that time under the award’s terms.

What are Kristian Talvitie’s total Blackbaud (BLKB) holdings after this award?

Following the restricted stock award, Kristian Talvitie directly holds 15,887 shares of Blackbaud common stock. This figure reflects his updated direct ownership position after the 7,834-share grant reported in the Form 4 filing.

Did Kristian Talvitie pay a purchase price for the new Blackbaud (BLKB) shares?

No cash purchase price was reported; the shares show a per-share value of 0.0000, indicating they were granted as an award rather than bought in an open-market transaction. The grant is compensation-like equity tied to board service.

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^*

Talvitie Kristian

(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	15,887	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)