Blackbaud CCO sells 2,086 shares at $48.27

Blackbaud’s chief commercial officer sold a small block of shares and continues to hold over seventy thousand Blackbaud shares.

Rhea-AI Filing Summary

BLACKBAUD INC (BLKB) reports that EVP, Chief Commercial Officer David J. Benjamin sold 2,086 shares of common stock on August 31, 2026 in a sale described as an open market or private transaction at $48.27 per share, leaving him with 71,038 directly held shares.

No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Seller: 2,086 shares

Net Sell 1 txn

Insider Benjamin David J

Role EVP, Chief Commercial Officer

Sold 2,086 shs ($101K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,086	$48.2736	$101K

Holdings After Transaction: Common Stock — 71,038 shares (Direct)

Key Figures

Shares sold: 2,086 shares Sale price per share: $48.2736 per share Shares held after transaction: 71,038 shares +1 more

4 metrics

Shares sold 2,086 shares Common stock sale reported for August 31, 2026

Sale price per share $48.2736 per share Price for the 2,086 Blackbaud common shares sold on August 31, 2026

Shares held after transaction 71,038 shares Directly owned Blackbaud common stock after the reported sale

Net buy/sell shares 2,086 shares net sold Net effect of all reported transactions in this filing

Key Terms

Rule 10b5-1 plan, sale in open market or private transaction, beneficial ownership

3 terms

Rule 10b5-1 plan regulatory

"No Rule 10b5-1 trading plan is reported for this transaction"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

sale in open market or private transaction financial

"described as a sale in the open market or a private transaction"

beneficial ownership regulatory

"shares held after the transaction reflect the insider’s beneficial ownership"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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

What insider transaction did BLKB report for EVP Chief Commercial Officer David J. Benjamin?

BLKB reported that David J. Benjamin, EVP and Chief Commercial Officer, sold 2,086 shares of Blackbaud common stock on August 31, 2026 in a transaction described as a sale in the open market or a private transaction.

At what price were the Blackbaud (BLKB) shares sold by the executive?

The 2,086 BLKB common shares were sold at an average price of $48.2736 per share, as reported for the August 31, 2026 transaction.

How many Blackbaud (BLKB) shares does David J. Benjamin hold after this sale?

After the August 31, 2026 sale, David J. Benjamin directly holds 71,038 shares of Blackbaud common stock, according to the report.

Was the August 31, 2026 BLKB insider sale made under a Rule 10b5-1 plan?

No. The report indicates that the Rule 10b5-1 checkbox is not checked, so the August 31, 2026 sale was not reported as made under a Rule 10b5-1 trading plan.

What role does the insider involved in the BLKB Form 4 filing hold at Blackbaud?

The insider, David J. Benjamin, serves as Executive Vice President and Chief Commercial Officer of Blackbaud Inc., as stated in the report.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/02/2026 - 04:17 PM EDT Accepted by SEC EDGAR 09/02/2026 - 04:16 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^*

Benjamin David J

(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 Commercial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026

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	08/31/2026		S		2,086	D	$48.2736	71,038	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:

Remarks:

	/s/ S. Halle Vakani, Attorney-in-Fact	09/02/2026
	** 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)