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.
Positive
- None.
Negative
- None.
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
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.
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.
