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 10,698 shares of common stock at an average price of $61.146 on May 2, 2025.
Summary
- On May 2, 2025, Jon W. Olson, the SVP and General Counsel of Blackbaud Inc. (BLKB), sold 10,698 shares of the company's common stock.
- The sale was executed at a weighted average price of $61.146 per share, with individual transactions occurring between $61.00 and $61.5659.
- Following the transaction, Olson directly owns 23,799 shares of Blackbaud common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard insider transaction disclosure. 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 transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Jon W. Olson sold 10,698 shares of Blackbaud Inc. common stock. |
| 05/06/2025 | Date of signature on the SEC Form 4 filing. |
Keywords
Blackbaud, BLKB, Jon W. Olson, SEC Form 4, insider trading, stock sale, SVP, General Counsel
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