Form 4: Blackbaud Director Nanney Receives Stock Award, Disposes of Shares

Director Don Roger Nanney of Blackbaud Inc. received a stock award and disposed of shares on August 1, 2024.

Summary

• On August 1, 2024, Don Roger Nanney, a director of Blackbaud Inc., acquired 3,066 shares of common stock through a restricted stock award.
• The shares were awarded at a price of $0.
• Following the transaction, Nanney directly owns 12,949 shares of Blackbaud Inc.
• Nanney also disposed of an unspecified amount of shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it primarily reports transactions. The acquisition of shares is mildly positive, while the disposal of shares is mildly negative.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Negatives

• The disposal of shares by a director could be seen as a negative sign.

Future Outlook

The restricted stock award vests on August 1, 2025, contingent on the director's continued service.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• Shareholders may be interested in the director's transactions as an indicator of confidence in the company.

Key Dates