Form 4: Blackbaud Director Sells 3,100 Shares in Open Market Transaction

Blackbaud director Sarah E. Nash sold 3,100 shares of common stock at a weighted average price of $83.9821 on November 8, 2024.

Summary

• Sarah E. Nash, a director at Blackbaud Inc., sold 3,100 shares of the company's common stock on November 8, 2024.
• The sale was executed in multiple trades with prices ranging from $83.93 to $84.06 per share.
• The weighted average price for the transaction was $83.9821 per share.
• Following the transaction, Ms. Nash directly owns 23,723 shares of Blackbaud common stock.

Sentiment

Score: 5

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

Industry Context

This is a routine disclosure of a director's stock sale, which is common in publicly traded companies. It provides transparency into insider transactions.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale by Sarah E. Nash is similar to other director sales in the technology sector, where stock-based compensation is common.

Stakeholder Impact

• The sale may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price.

Key Dates

Keywords

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