Form 4: Blackbaud CFO Anthony Boor Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Anthony Boor, CFO of Blackbaud Inc., reports disposals of common stock to cover tax liabilities arising from vesting restricted stock and performance restricted stock units.
Summary
- On February 14, 2025, Anthony W. Boor, CFO & Exec VP of Fin. & Admin. of Blackbaud Inc., reported the disposal of 3,646 shares of common stock at a price of $80.79.
- These shares were forfeited to the issuer to satisfy tax liabilities incurred upon the vesting of restricted stock granted on February 13, 2023.
- Additionally, 1,860 shares were forfeited for tax liabilities related to the vesting of performance restricted stock units also granted on February 13, 2023.
- Following these transactions, Boor directly owns 134,756 shares of Blackbaud Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. Disposals to cover tax obligations are common.
Key Dates
| Date | Description |
|---|---|
| 02/13/2023 | Date of grant for restricted stock and performance restricted stock units. |
| 02/14/2025 | Date of stock disposal to cover tax liabilities. |
Keywords
Form 4, Blackbaud, BLKB, Anthony Boor, CFO, Stock Disposal, Tax Liabilities, Restricted Stock, Performance Restricted Stock Units, Beneficial Ownership
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