Blackbaud (NASDAQ: BLKB) COO sells 22,000 shares around $45 average

Rhea-AI Filing Summary

Blackbaud Inc. executive Kevin P. Gregoire, EVP and Chief Operating Officer, reported selling a total of 22,000 shares of Common Stock on August 6, 2026 in two open-market transactions. The sales covered 16,184 shares at a weighted average price of $45.4255 and 5,816 shares at a weighted average price of $45.7231, each executed across multiple trades within disclosed price ranges.

Insider Trade Summary

Net Seller: 22,000 shares

Net Sell 2 txns

Insider Gregoire Kevin P.

Role EVP, Chief Operating Officer

Sold 22,000 shs ($1.00M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	16,184	$45.4255	$735K
Sale	Common Stock F2	5,816	$45.7231	$266K

Holdings After Transaction: Common Stock — 113,194 shares (Direct)

Footnotes (2)

1. F1. This transaction was executed in multiple trades at prices ranging from $44.6996 to $45.68. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
2. F2. This transaction was executed in multiple trades at prices ranging from $45.69 to $45.81. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.

Key Figures

Shares sold (first tranche): 16,184 shares Shares sold (second tranche): 5,816 shares Total shares sold: 22,000 shares +2 more

5 metrics

Shares sold (first tranche) 16,184 shares Common Stock sold on August 6, 2026 at weighted average $45.4255 per share

Shares sold (second tranche) 5,816 shares Common Stock sold on August 6, 2026 at weighted average $45.7231 per share

Total shares sold 22,000 shares Aggregate Common Stock sold by Kevin P. Gregoire on August 6, 2026

Price range first tranche $44.6996 to $45.68 per share Multiple trades underlying the 16,184-share sale, weighted average $45.4255

Price range second tranche $45.69 to $45.81 per share Multiple trades underlying the 5,816-share sale, weighted average $45.7231

Key Terms

weighted average price, open market or private transaction, multiple trades

3 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"transaction code description: Sale in open market or private transaction"

multiple trades financial

"This transaction was executed in multiple trades at prices ranging from..."

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 08/07/2026 - 04:21 PM Accepted by SEC EDGAR 08/07/2026 - 04:20 PM Learn about SEC filing dates

FAQ

What insider transaction did Blackbaud (BLKB) report for Kevin P. Gregoire?

Blackbaud reported that EVP and COO Kevin P. Gregoire sold 22,000 shares of Common Stock on August 6, 2026. The sale occurred in two open-market transactions at weighted average prices of $45.4255 and $45.7231 per share, executed across multiple trades.

How many Blackbaud (BLKB) shares did Kevin Gregoire sell in each tranche?

Kevin Gregoire sold 16,184 shares in the first tranche and 5,816 shares in the second, totaling 22,000 shares. Both tranches involved Common Stock and were reported as open-market or private transactions on August 6, 2026.

What prices were received in Kevin Gregoire’s Blackbaud (BLKB) stock sales?

The first sale reported a weighted average price of $45.4255 per share, and the second a weighted average of $45.7231. Footnotes state these averages reflect multiple trades within price ranges of $44.6996–$45.68 and $45.69–$45.81, respectively.

Were Kevin Gregoire’s Blackbaud (BLKB) stock sales under a Rule 10b5-1 plan?

The Rule 10b5-1 checkbox in the filing is not marked, so the trades are not affirmatively identified as occurring under a 10b5-1 trading plan. No footnotes describe these sales as being made pursuant to a pre-arranged trading plan.

What type of transaction code was used for Kevin Gregoire’s Blackbaud (BLKB) sales?

Both transactions are coded “S”, described as a sale in an open market or private transaction. They involve non-derivative Common Stock, with the ownership marked as direct. The filing does not report post-transaction share holdings for Gregoire.

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^*

Gregoire Kevin P.

(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)
	EVP, Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026

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	08/06/2026		S		16,184	D	$45.4255(1)	119,010	D
Common Stock	08/06/2026		S		5,816	D	$45.7231(2)	113,194	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. This transaction was executed in multiple trades at prices ranging from $44.6996 to $45.68. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.

2. This transaction was executed in multiple trades at prices ranging from $45.69 to $45.81. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.

Remarks:

	/s/ Donald R. Reynolds, Attorney-in-Fact	08/07/2026
	** 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)