STOCK TITAN

[Form 4] Blackbaud, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Blackbaud, Inc. (BLKB) director Kristian Talvitie has filed a Form 4 disclosing receipt of 3,670 shares of company common stock on 1 Aug 2025. The shares were granted as a restricted stock award with no purchase price. They will vest in full on 1 Aug 2026 or, if earlier, immediately before the company’s 2026 annual director election, provided Talvitie continues to serve on the board.

Following the grant, Talvitie’s directly held stake increases to 8,053 shares. No derivative securities were reported and there were no sales or dispositions. Because this is a routine, compensation-related award rather than an open-market purchase, the filing has limited signalling impact for investors, though it modestly raises insider alignment.

Kristian Talvitie, direttore di Blackbaud, Inc. (BLKB), ha presentato un Modulo 4 dichiarando di aver ricevuto 3.670 azioni ordinarie della società il 1° agosto 2025. Le azioni sono state assegnate come premio in azioni vincolate senza prezzo di acquisto. Queste azioni matureranno completamente il 1° agosto 2026 o, se prima, immediatamente prima dell'assemblea annuale dei direttori del 2026, a condizione che Talvitie continui a far parte del consiglio di amministrazione.

Dopo l'assegnazione, la partecipazione direttamente detenuta da Talvitie aumenta a 8.053 azioni. Non sono stati segnalati titoli derivati né vendite o disposizioni. Poiché si tratta di un premio di compensazione di routine e non di un acquisto sul mercato aperto, la comunicazione ha un impatto limitato come segnale per gli investitori, anche se aumenta leggermente l'allineamento degli insider.

Kristian Talvitie, director de Blackbaud, Inc. (BLKB), ha presentado un Formulario 4 revelando la recepción de 3.670 acciones comunes de la empresa el 1 de agosto de 2025. Las acciones fueron otorgadas como un premio en acciones restringidas sin precio de compra. Se consolidarán completamente el 1 de agosto de 2026 o, si es antes, inmediatamente antes de la elección anual de directores de 2026, siempre que Talvitie continúe en el consejo.

Tras la concesión, la participación directamente poseída por Talvitie aumenta a 8.053 acciones. No se reportaron valores derivados ni ventas o disposiciones. Dado que se trata de una concesión rutinaria relacionada con compensación y no de una compra en el mercado abierto, la presentación tiene un impacto limitado como señal para los inversores, aunque aumenta modestamente la alineación interna.

Blackbaud, Inc.(BLKB) 이사 Kristian Talvitie가 2025년 8월 1일 회사 보통주 3,670주를 수령했음을 신고하는 Form 4를 제출했습니다. 이 주식은 구매 가격 없이 제한 주식 보상으로 부여되었습니다. 주식은 Talvitie가 이사회에 계속 재직하는 조건 하에 2026년 8월 1일 또는 그 이전에 회사의 2026년 연례 이사 선거 직전에 전액 베스팅됩니다.

부여 후 Talvitie의 직접 보유 지분은 8,053주로 증가했습니다. 파생 증권은 보고되지 않았으며 매도나 처분도 없었습니다. 이는 공개 시장에서의 구매가 아닌 보상 관련 일상적인 보상이므로, 투자자에게 주는 신호 효과는 제한적이지만 내부자 정렬은 다소 강화됩니다.

Kristian Talvitie, administrateur de Blackbaud, Inc. (BLKB), a déposé un formulaire 4 révélant la réception de 3 670 actions ordinaires de la société le 1er août 2025. Ces actions ont été attribuées sous forme de attribution d’actions restreintes sans prix d’achat. Elles deviendront pleinement acquises le 1er août 2026 ou, si plus tôt, juste avant l’élection annuelle des administrateurs de 2026, à condition que Talvitie continue à siéger au conseil.

Suite à cette attribution, la participation directement détenue par Talvitie augmente à 8 053 actions. Aucun titre dérivé n’a été déclaré et aucune vente ou cession n’a eu lieu. Étant donné qu’il s’agit d’une attribution de rémunération courante plutôt que d’un achat sur le marché ouvert, le dépôt a un impact limité en termes de signal pour les investisseurs, bien qu’il renforce modestement l’alignement des initiés.

Kristian Talvitie, Direktor von Blackbaud, Inc. (BLKB), hat ein Formular 4 eingereicht, in dem der Erhalt von 3.670 Stammaktien des Unternehmens am 1. August 2025 offengelegt wird. Die Aktien wurden als Restricted Stock Award ohne Kaufpreis gewährt. Sie werden vollständig am 1. August 2026 oder, falls früher, unmittelbar vor der jährlichen Direktorenwahl 2026 des Unternehmens unverfallbar, vorausgesetzt Talvitie bleibt im Vorstand.

Nach der Gewährung erhöht sich Talvities direkt gehaltener Anteil auf 8.053 Aktien. Es wurden keine derivativen Wertpapiere gemeldet und keine Verkäufe oder Veräußerungen getätigt. Da es sich um eine routinemäßige, vergütungsbezogene Zuteilung und keinen Kauf am offenen Markt handelt, hat die Meldung eine begrenzte Signalwirkung für Investoren, erhöht jedoch leicht die Insider-Ausrichtung.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine director grant; neutral fundamental impact.

The 3,670-share restricted stock grant increases Talvitie’s direct holdings by roughly 84%. However, it is standard board compensation with a one-year vest, so it does not convey incremental information about management’s view on valuation. No cash changed hands and there is no dilution beyond the company’s existing equity comp plan. Overall, the filing neither alters BLKB’s capital structure nor signals a change in outlook; therefore, it is best regarded as compliance-driven disclosure.

TL;DR: Grant sustains board-shareholder alignment, impact minimal.

Restricted stock awards are typical for outside directors and help align incentives without encouraging short-term risk taking. A single-tranche, one-year vest period keeps ownership levels visible while maintaining retention pressure through the 2026 AGM. The size of the award is modest versus Blackbaud’s ~52 m shares outstanding, so governance ramifications are negligible. Investors should not interpret this as a bullish signal, but sustained insider ownership can marginally reduce agency concerns.

Kristian Talvitie, direttore di Blackbaud, Inc. (BLKB), ha presentato un Modulo 4 dichiarando di aver ricevuto 3.670 azioni ordinarie della società il 1° agosto 2025. Le azioni sono state assegnate come premio in azioni vincolate senza prezzo di acquisto. Queste azioni matureranno completamente il 1° agosto 2026 o, se prima, immediatamente prima dell'assemblea annuale dei direttori del 2026, a condizione che Talvitie continui a far parte del consiglio di amministrazione.

Dopo l'assegnazione, la partecipazione direttamente detenuta da Talvitie aumenta a 8.053 azioni. Non sono stati segnalati titoli derivati né vendite o disposizioni. Poiché si tratta di un premio di compensazione di routine e non di un acquisto sul mercato aperto, la comunicazione ha un impatto limitato come segnale per gli investitori, anche se aumenta leggermente l'allineamento degli insider.

Kristian Talvitie, director de Blackbaud, Inc. (BLKB), ha presentado un Formulario 4 revelando la recepción de 3.670 acciones comunes de la empresa el 1 de agosto de 2025. Las acciones fueron otorgadas como un premio en acciones restringidas sin precio de compra. Se consolidarán completamente el 1 de agosto de 2026 o, si es antes, inmediatamente antes de la elección anual de directores de 2026, siempre que Talvitie continúe en el consejo.

Tras la concesión, la participación directamente poseída por Talvitie aumenta a 8.053 acciones. No se reportaron valores derivados ni ventas o disposiciones. Dado que se trata de una concesión rutinaria relacionada con compensación y no de una compra en el mercado abierto, la presentación tiene un impacto limitado como señal para los inversores, aunque aumenta modestamente la alineación interna.

Blackbaud, Inc.(BLKB) 이사 Kristian Talvitie가 2025년 8월 1일 회사 보통주 3,670주를 수령했음을 신고하는 Form 4를 제출했습니다. 이 주식은 구매 가격 없이 제한 주식 보상으로 부여되었습니다. 주식은 Talvitie가 이사회에 계속 재직하는 조건 하에 2026년 8월 1일 또는 그 이전에 회사의 2026년 연례 이사 선거 직전에 전액 베스팅됩니다.

부여 후 Talvitie의 직접 보유 지분은 8,053주로 증가했습니다. 파생 증권은 보고되지 않았으며 매도나 처분도 없었습니다. 이는 공개 시장에서의 구매가 아닌 보상 관련 일상적인 보상이므로, 투자자에게 주는 신호 효과는 제한적이지만 내부자 정렬은 다소 강화됩니다.

Kristian Talvitie, administrateur de Blackbaud, Inc. (BLKB), a déposé un formulaire 4 révélant la réception de 3 670 actions ordinaires de la société le 1er août 2025. Ces actions ont été attribuées sous forme de attribution d’actions restreintes sans prix d’achat. Elles deviendront pleinement acquises le 1er août 2026 ou, si plus tôt, juste avant l’élection annuelle des administrateurs de 2026, à condition que Talvitie continue à siéger au conseil.

Suite à cette attribution, la participation directement détenue par Talvitie augmente à 8 053 actions. Aucun titre dérivé n’a été déclaré et aucune vente ou cession n’a eu lieu. Étant donné qu’il s’agit d’une attribution de rémunération courante plutôt que d’un achat sur le marché ouvert, le dépôt a un impact limité en termes de signal pour les investisseurs, bien qu’il renforce modestement l’alignement des initiés.

Kristian Talvitie, Direktor von Blackbaud, Inc. (BLKB), hat ein Formular 4 eingereicht, in dem der Erhalt von 3.670 Stammaktien des Unternehmens am 1. August 2025 offengelegt wird. Die Aktien wurden als Restricted Stock Award ohne Kaufpreis gewährt. Sie werden vollständig am 1. August 2026 oder, falls früher, unmittelbar vor der jährlichen Direktorenwahl 2026 des Unternehmens unverfallbar, vorausgesetzt Talvitie bleibt im Vorstand.

Nach der Gewährung erhöht sich Talvities direkt gehaltener Anteil auf 8.053 Aktien. Es wurden keine derivativen Wertpapiere gemeldet und keine Verkäufe oder Veräußerungen getätigt. Da es sich um eine routinemäßige, vergütungsbezogene Zuteilung und keinen Kauf am offenen Markt handelt, hat die Meldung eine begrenzte Signalwirkung für Investoren, erhöht jedoch leicht die Insider-Ausrichtung.

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 SC 29492

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/01/2025 A 3,670(1) A $0 8,053 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 1, 2026 or, if earlier, immediately prior to the 2026 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 08/05/2025
** 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.

FAQ

How many Blackbaud (BLKB) shares did director Kristian Talvitie acquire?

Talvitie received 3,670 restricted shares on 1 Aug 2025.

What is the vesting schedule for the new BLKB restricted stock grant?

All shares vest on 1 Aug 2026 or immediately prior to the 2026 annual director election if earlier.

Did the transaction involve any cash payment?

No. The award was granted at $0 cost as part of routine director compensation.

What is Kristian Talvitie’s total direct BLKB share ownership after the grant?

Following the award, Talvitie owns 8,053 shares directly.

Does the Form 4 report any sales or derivative transactions?

No sales or derivative security activities were reported—only the restricted stock award.
Blackbaud Inc

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3.06B
37.78M
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96.46%
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Software - Application
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United States
CHARLESTON