Form 4: Blackbaud Director Sells 1,600 Shares in Open Market Transaction

Director Sarah E. Nash sold 1,600 shares of Blackbaud Inc. common stock at a weighted average price of $83.464 per share.

Summary

• Sarah E. Nash, a director at Blackbaud Inc., sold 1,600 shares of the company's common stock on November 19, 2024.
• The sale was executed in multiple trades with prices ranging from $83.45 to $83.50 per share.
• The weighted average price for the transaction was $83.464 per share.
• Following the transaction, Ms. Nash directly owns 22,123 shares of Blackbaud common stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of a director's stock sale and is typical for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading activity.
• The sale of 1,600 shares by a director is not unusual and does not represent a significant portion of the company's outstanding shares or the director's holdings.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or other stakeholders.

Key Dates

Keywords

Blackbaud, Director Sale, Insider Trading, Form 4, Stock Transaction, Sarah E. Nash