Blackbaud (BLKB) CFO Chad Anderson Receives 3,584-Share Award

What Happened

• Chad Anderson, Executive Vice President and Chief Financial Officer of Blackbaud (BLKB), was credited with 3,584 performance-based restricted stock units (PRSUs) on February 19, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per share. This Form 4 is an amendment correcting a prior filing that inadvertently omitted these PRSUs.

Key Details

• Transaction date: 2026-02-19; transaction type: Award/Grant (A).
• Shares involved: 3,584 PRSUs; reported price: $0.00.
• Filing: Amended Form 4 filed 2026-09-04 to correct the Feb 20, 2026 filing that omitted these shares.
• Vesting/conditions (footnote): The Compensation Committee determined PRSUs granted on Feb 19, 2025 would vest in three equal annual installments beginning Feb 19, 2026, based on performance for the period ended Dec 31, 2025.
• Shares owned after transaction: the Form 4 reports aggregate shares held immediately following the transaction; that total is not provided in this summary.

Context

• PRSUs are compensation awards that become stock if performance/vesting conditions are met; they are not an open-market purchase or sale. Reporting $0 reflects that these were awarded, not bought. The amendment simply corrects an earlier omission and does not itself indicate a buy or sell decision by the insider.