Blackbaud Inc (BLKB) awards director 7,834 restricted shares
Rhea-AI Filing Summary
Nanney Don Roger reported acquisition or exercise transactions in this Form 4 filing.
Blackbaud Inc director Don Roger Nanney received a grant of 7,834 shares of restricted common stock on August 3, 2026. All shares vest on August 3, 2027, or earlier immediately before the 2027 annual election of directors, if he is then serving as a director. After this award, he directly holds 24,453 common shares.
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Insider Trade Summary
Net Buyer: 7,834 shares
Net Buy
1 txn
Insider
Nanney Don Roger
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 7,834 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 24,453 shares (Direct)
Footnotes (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 grant: 7,834 shares
Post-grant holdings: 24,453 shares
Vesting date: August 3, 2027
3 metrics
Restricted stock grant
7,834 shares
Restricted common stock awarded to director Don Roger Nanney on August 3, 2026
Post-grant holdings
24,453 shares
Common shares directly held by Don Roger Nanney after the restricted stock award
Vesting date
August 3, 2027
All restricted shares vest on this date or earlier before the 2027 annual director election if he is then a director
Key Terms
restricted stock award, annual election of directors, reporting person
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.
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.
reporting person regulatory
"provided that the reporting person is then serving as a director of the Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock grant did Blackbaud (BLKB) director Don Roger Nanney receive?
Don Roger Nanney was granted 7,834 shares of Blackbaud common stock as a restricted stock award on August 3, 2026. These shares vest by August 3, 2027, or earlier before the 2027 director election, if he continues serving as a director.
Was Nanney’s Blackbaud (BLKB) stock grant a market purchase or a compensation award?
The transaction was a grant of restricted stock, not a market purchase. The shares were awarded at a stated price of $0.00 per share, consistent with equity compensation for service as a director, and are subject to future vesting.