Form 4: Blackbaud SVP and General Counsel Jon W. Olson Sells 4,000 Shares
SEC Form 4 Filing
Jon W. Olson, SVP and General Counsel of Blackbaud Inc., sold 4,000 shares of common stock at $76 per share on August 5, 2024.
Summary
- On August 5, 2024, Jon W. Olson, the SVP and General Counsel of Blackbaud Inc. (BLKB), sold 4,000 shares of the company's common stock.
- The sale price was $76 per share.
- Following the transaction, Olson directly owns 29,628 shares of Blackbaud Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an insider. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider trading activity as it can sometimes provide insights into management's perspective on the company's future prospects, although single transactions are not necessarily indicative of a trend.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of the transaction: Jon W. Olson sold 4,000 shares of Blackbaud Inc. common stock. |
| 08/07/2024 | Date of signature by Attorney-in-Fact. |
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