Form 4: Blackbaud SVP and General Counsel Jon W. Olson Sells 3,000 Shares
SEC Form 4
Jon W. Olson, SVP and General Counsel of Blackbaud Inc., sold 3,000 shares of common stock on May 20, 2024, at a price of $78.6332 per share.
Summary
- On May 20, 2024, Jon W. Olson, the SVP and General Counsel of Blackbaud Inc. (BLKB), sold 3,000 shares of the company's common stock.
- The transaction was executed at a price of $78.6332 per share.
- Following the sale, Olson directly owns 33,628 shares of Blackbaud Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of the transaction: Jon W. Olson sold 3,000 shares of Blackbaud Inc. common stock. |
| 05/22/2024 | Date of signature by Donald R. Reynolds, Attorney-in-Fact. |
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