Form 4: Blackbaud Executive Sells Shares in Recent Transaction

Kevin P. Gregoire, EVP and Chief Operating Officer of Blackbaud, sold 6,619 shares of common stock at a weighted average price of $85.677.

Summary

• Kevin P. Gregoire, an executive at Blackbaud, sold 6,619 shares of the company's common stock on November 12, 2024.
• The sale was executed in multiple trades with prices ranging from $85.53 to $85.99 per share.
• The weighted average price for the transaction was $85.677 per share.
• Following the transaction, Gregoire directly owns 99,096 shares of Blackbaud common stock.

Sentiment

Score: 5

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

Industry Context

This is a routine disclosure of an insider transaction, which is common for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Insider transactions are a normal part of the operations of publicly listed companies.
• The sale by Kevin P. Gregoire is similar to other executive stock sales in the technology sector.
• There is no indication of unusual activity compared to industry standards.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but it is not expected to be significant.

Key Dates

Keywords

Blackbaud, stock sale, insider trading, executive, share transaction, BLKB