Blackbaud (BLKB) grants director Deneen DeFiore 7,834 restricted shares
Rhea-AI Filing Summary
DeFiore Deneen reported acquisition or exercise transactions in this Form 4 filing.
Blackbaud Inc. director Deneen DeFiore received a grant of 7,834 shares of restricted common stock on August 3, 2026. All of these shares are scheduled to vest on August 3, 2027, or earlier immediately before the company’s 2027 annual election of directors, provided she is then serving as a director. Following this award, she directly holds 17,903 common shares.
Positive
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Insider Trade Summary
Net Buyer: 7,834 shares
Net Buy
1 txn
Insider
DeFiore Deneen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 7,834 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 17,903 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 granted: 7,834 shares
Post-transaction holdings: 17,903 shares
Vesting date: August 3, 2027
3 metrics
Restricted stock granted
7,834 shares
Grant of restricted common stock to director Deneen DeFiore on August 3, 2026
Post-transaction holdings
17,903 shares
Total direct Blackbaud common stock holdings after the grant
Vesting date
August 3, 2027
Date when all 7,834 restricted shares are scheduled to vest, subject to continued board service
Key Terms
restricted stock award, annual election of directors, director of the Company
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.
director of the Company 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 equity award did Blackbaud (BLKB) director Deneen DeFiore receive?
Blackbaud director Deneen DeFiore received a restricted stock award of 7,834 common shares. This equity grant was reported as a Form 4 transaction coded “A,” indicating a grant or award acquisition rather than an open-market purchase or sale.
Is DeFiore’s Blackbaud (BLKB) restricted stock award contingent on continued board service?
Yes. The restricted stock award vests only if DeFiore is serving as a director at vesting. All 7,834 shares vest on August 3, 2027, or earlier immediately before the 2027 annual election of directors, provided she remains on Blackbaud’s board.
Was DeFiore’s Blackbaud (BLKB) stock transaction under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, meaning this reported transaction was not affirmed as being executed under a Rule 10b5-1 pre-arranged trading plan but instead reflects a compensation-related stock grant.