Welcome to our dedicated page for Blackbaud SEC filings (Ticker: BLKB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Blackbaud, Inc. (NASDAQ: BLKB) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its operations as a software company dedicated to powering social impact. These SEC filings include annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, along with other exhibits and technical materials.
Current reports on Form 8-K are used by Blackbaud to disclose material events such as the release of unaudited quarterly financial results. For example, recent 8-K filings have attached press releases covering revenue, operating margins, cash flow metrics, non-GAAP financial measures and commentary from company leadership. These filings also describe how Blackbaud uses non-GAAP metrics like adjusted EBITDA, free cash flow and adjusted free cash flow to analyze its operating performance.
Investors reviewing Blackbaud’s 10-K and 10-Q filings can find information on its software portfolio for fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management, as well as risk factors, accounting policies and segment-level details. Over time, these reports help clarify how the company’s AI roadmap, product innovation and capital allocation strategies, including stock repurchase programs, are reflected in its financial statements.
On this page, Stock Titan surfaces Blackbaud’s SEC filings as they become available from EDGAR and pairs them with AI-powered summaries. These summaries are designed to highlight key points from lengthy documents—such as major changes in guidance, updates to non-GAAP definitions, or revisions to prior-period financial statements—so readers can quickly understand what has changed without reading every line. Users can also review insider-related filings like Form 4 when available, to see reported transactions by directors and officers in Blackbaud’s common stock.
Blackbaud Inc. President and CEO Michael P. Gianoni reported a mix of stock awards and related tax-withholding dispositions of common stock. On February 18 and 19, 2026, he acquired grants of 10,687 and 5,690 shares tied to performance restricted stock units and restricted stock that vested based on prior awards and performance goals. On February 19 and 20, 2026, he forfeited 4,847, 2,464, 2,581 and 4,926 shares to the company to satisfy tax liabilities upon vesting, at prices around $49.32–$49.51 per share. After these transactions, he directly held 448,367 shares of Blackbaud common stock.
Blackbaud Inc. executive Benjamin David J, EVP and Chief Commercial Officer, reported several stock transactions involving company common stock. On February 18, 2026, he received 4,649 performance-based shares and on February 19, 2026 he received an additional 2,959 shares as grant or award acquisitions tied to performance goals and continued employment.
On February 18, 2026 he also completed an open-market sale of 7,990 shares at a weighted average price of $49.4081 per share, with individual trades executed between $49.30 and $49.50. Across February 19–20, 2026, a total of 7,435 shares were forfeited back to Blackbaud to cover tax liabilities arising from these vesting events.
After these grant, sale, and tax-withholding disposition transactions, the executive directly owned 89,527 shares of Blackbaud common stock.
Blackbaud Inc. Executive VP and CFO Chad Anderson reported multiple equity award transactions in Blackbaud common stock. On February 18 and 19, 2026, he acquired 3,006 and 1,252 shares, respectively, as grant or award acquisitions tied to performance restricted stock units and restricted stock vesting.
On February 19 and 20, 2026, he disposed of several blocks of shares at prices around $49.32–$49.51 per share through tax-withholding dispositions, where shares were forfeited back to the issuer to satisfy tax liabilities from these vestings. Following these transactions, he continued to hold tens of thousands of shares directly.
BLACKBAUD INC senior vice president and general counsel Jon W. Olson reported stock-based compensation activity and related tax withholding transactions. On February 13, 2026, he acquired 2,442 shares of common stock as a grant or award. On February 17, 2026, he received an additional 25,810-share restricted stock award that will vest in three equal annual installments beginning February 17, 2027, subject to continued employment.
Also on February 17, 2026, a total of 2,425 shares (596, 795, and 1,034 shares) were forfeited back to Blackbaud at $49.08 per share to satisfy tax liabilities triggered by the vesting of prior restricted stock and performance restricted stock units. After these transactions, Olson directly owned 49,626 common shares.
BLACKBAUD INC executive Kevin McDearis reported stock-based compensation activity and related tax withholding transactions. On February 17, 2026, he received a grant of 31,150 shares of common stock as a restricted stock award at a stated price of $0.00 per share, bringing his direct holdings in that line to 104,119 shares. On the same date, he disposed of 1,468, 1,950, and 2,717 shares of common stock at $49.08 per share each as tax-withholding dispositions to satisfy tax liabilities tied to the vesting of prior equity awards, rather than open‑market sales. A separate grant on February 13, 2026 awarded 4,299 shares of restricted stock at a stated price of $0.00 per share. Footnotes explain that certain performance restricted stock units granted in 2023 vested based on performance through December 31, 2025, and that some of the shares reported as dispositions were forfeited back to the company to cover associated tax obligations.
BLACKBAUD INC EVP and COO Kevin P. Gregoire reported a mix of equity grants and tax-related share forfeitures in common stock. On February 17, 2026, he received a restricted stock award of 32,040 shares, which will vest in three equal annual installments beginning on February 17, 2027, subject to continued employment.
On February 13, 2026, performance restricted stock units granted on February 13, 2023 vested in full after the company achieved performance goals for the period ended December 31, 2025, leading to an additional 5,276-share award. To satisfy tax liabilities from the vesting of these PRSUs and related restricted stock, Gregoire forfeited blocks of 1,770, 2,393, and 3,335 shares back to Blackbaud.
Blackbaud Inc. President and CEO Michael P. Gianoni reported a mix of equity grants and tax-related share dispositions in common stock. On February 13, 2026, he acquired 15,629 shares through a grant or award. On February 17, 2026, he received an additional 80,100 restricted shares that will vest in three equal annual installments beginning February 17, 2027, subject to continued employment.
Also on February 17, 2026, a total of several thousand shares were forfeited back to Blackbaud at a price of $49.08 per share to satisfy tax liabilities triggered by the vesting of performance restricted stock units and restricted stock originally granted on February 13, 2023. All holdings are reported as directly owned after these transactions.
Blackbaud Inc. executive Benjamin David, EVP and Chief Commercial Officer, reported a mix of equity awards and related tax-withholding share forfeitures. On February 17, 2026, he forfeited 1,693, 2,247, and 3,102 shares of common stock at $49.08 per share to satisfy tax liabilities upon the vesting of performance restricted stock units and restricted stock granted on February 13, 2023.
He also acquired new restricted stock awards of 30,260 shares on February 17, 2026 and 4,884 shares on February 13, 2026, both at a stated price of $0.00 per share as equity compensation. One award is scheduled to vest in three equal annual installments beginning on February 17, 2027, subject to continued employment.
Blackbaud Inc. Executive VP and CFO Chad Anderson reported equity compensation activity and related tax withholding transactions in common stock. On February 13, 2026, he acquired 782 shares as a grant/award. On February 17, 2026, he received a larger restricted stock award of 35,600 shares, which will vest in three equal annual installments beginning on February 17, 2027, subject to continued employment.
Also on February 17, 2026, Anderson disposed of 271, 397, and 1,554 shares at a price of $49.08 per share through tax-withholding dispositions to cover liabilities arising from the vesting of previously granted performance restricted stock units and restricted stock from February 13, 2023. After these transactions, his directly held common stock balance was reported at up to 70,136 shares.
Blackbaud, Inc. files its annual report describing a cloud software business focused on AI‑powered solutions for nonprofits, education, healthcare and corporate social impact. The company emphasizes long‑term integration of artificial intelligence across products and internal operations, including its Intelligence for Good® strategy, Blackbaud AI Chat and the new Agents for Good™ agentic AI suite.
Revenue is predominantly recurring, with contractual subscriptions (~64% of total revenue) on mostly three‑year terms and diversified transactional revenue (~34%) from donation processing, consumer giving, tuition management and events. Roughly 40% of existing customer contracts come up for renewal in 2026, a larger cohort that may increase churn dollars even if retention patterns stay stable.
Blackbaud reports an expanded stock repurchase program with total capacity of $1.0 billion. In 2025 it repurchased 3,337,844 shares for $214.0 million, about 7.9% of shares outstanding as of December 31 2024, and plans to repurchase 5–10% of shares outstanding in 2026, expecting to devote at least 50% of free cash flow from 2026–2030 to buybacks.