Form 4: Blackbaud SVP and General Counsel Jon W. Olson Sells Shares
SEC Form 4
Jon W. Olson, SVP and General Counsel of Blackbaud Inc., sold 3,603 shares of common stock at an average price of $77.8993 on August 16, 2024.
Summary
- On August 16, 2024, Jon W. Olson, the SVP and General Counsel of Blackbaud Inc., sold 3,603 shares of the company's common stock.
- The sale was executed at a weighted average price of $77.8993 per share, with individual transactions occurring between $77.52 and $78.15.
- Following the transaction, Olson directly owns 26,025 shares of Blackbaud Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares is not inherently positive or negative.
Industry Context
This is a routine disclosure of a transaction by a company insider. 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 |
|---|---|
| 08/16/2024 | Date of the stock sale transaction |
| 08/19/2024 | Date of signature on the Form 4 filing |
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