A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Blackbaud, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 11 insider filings shown, the breakdown is 5 compensation award, 5 open-market sale and 1 tax withholding. 5 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-09-02
BLKB insider Anderson Chad (Executive VP and CFO) sold 2,000 shares (~$95.1K)
Anderson Chad, listed as Executive VP and CFO at BLACKBAUD INC, reported an open-market sale of 2,000 BLKB shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,000 |
$47.56 |
$95.1K |
Filing: Form 4 (Insider Transaction)
Insider: Anderson Chad (Executive VP and CFO)
Shares: 2,000
Est. Value: $95.1K
Form 4
Open-market sale
Insider Selling
2026-09-02
BLKB insider Benjamin David J (EVP, Chief Commercial Officer) sold 2,086 shares (~$100.7K)
Benjamin David J, listed as EVP, Chief Commercial Officer at BLACKBAUD INC, reported an open-market sale of 2,086 BLKB shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
2,086 |
$48.27 |
$100.7K |
Filing: Form 4 (Insider Transaction)
Insider: Benjamin David J (EVP, Chief Commercial Officer)
Shares: 2,086
Est. Value: $100.7K
Form 4
Open-market sale
Insider Selling
2026-08-27
BLKB insider Gianoni Michael P (Director, President and CEO) sold 17,000 shares (~$805.0K)
Gianoni Michael P, listed as Director, President and CEO at BLACKBAUD INC, reported an open-market sale of 17,000 BLKB shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
17,000 |
$47.35 |
$805.0K |
Filing: Form 4 (Insider Transaction)
Insider: Gianoni Michael P (Director, President and CEO)
Shares: 17,000
Est. Value: $805.0K
Form 4
Tax withholding
Tax / Compensation Filing
2026-08-18
BLKB insider Form 4 filed for equity award, exercise, or tax withholding
Anderson Chad (Executive VP and CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
397 |
$63.18 |
$25.1K |
F |
Tax withholding on vested shares
|
589 |
$46.21 |
$27.2K |
Filing: Form 4 (Insider Transaction)
Insider: Anderson Chad (Executive VP and CFO)
Shares: 986
Form 4
Open-market sale
Insider Selling
2026-08-07
BLKB insider Gregoire Kevin P. (EVP, Chief Operating Officer) sold 22,000 shares (~$1.00M)
Gregoire Kevin P., listed as EVP, Chief Operating Officer at BLACKBAUD INC, reported an open-market sale of 22,000 BLKB shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
16,184 |
$45.43 |
$735.2K |
S |
Open-market sale
|
5,816 |
$45.72 |
$265.9K |
Filing: Form 4 (Insider Transaction)
Insider: Gregoire Kevin P. (EVP, Chief Operating Officer)
Shares: 22,000
Est. Value: $1.00M
Form 4
Compensation award
Tax / Compensation Filing
2026-08-05
BLKB insider Form 4 filed for equity award, exercise, or tax withholding
Talvitie Kristian (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
7,834 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Talvitie Kristian (Director)
Shares: 7,834
Form 4
Compensation award
Tax / Compensation Filing
2026-08-05
BLKB insider Form 4 filed for equity award, exercise, or tax withholding
Pyburn Bradley L (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
7,834 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Pyburn Bradley L (Director)
Shares: 7,834
Form 4
Compensation award
Tax / Compensation Filing
2026-08-05
BLKB insider Form 4 filed for equity award, exercise, or tax withholding
Nanney Don Roger (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
7,834 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Nanney Don Roger (Director)
Shares: 7,834
Form 4
Compensation award
Tax / Compensation Filing
2026-08-05
BLKB insider Form 4 filed for equity award, exercise, or tax withholding
Leitch Andrew M (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
7,834 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Leitch Andrew M (Director)
Shares: 7,834
Form 4
Compensation award
Tax / Compensation Filing
2026-08-05
BLKB insider Form 4 filed for equity award, exercise, or tax withholding
DeFiore Deneen (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
7,834 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: DeFiore Deneen (Director)
Shares: 7,834
Form 4
Open-market sale
Insider Selling
2026-06-03
BLKB insider Anderson Chad (Executive VP and CFO) sold 6,205 shares (~$194.3K)
Anderson Chad, listed as Executive VP and CFO at BLACKBAUD INC, reported an open-market sale of 6,205 BLKB shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
6,205 |
$31.31 |
$194.3K |
Filing: Form 4 (Insider Transaction)
Insider: Anderson Chad (Executive VP and CFO)
Shares: 6,205
Est. Value: $194.3K