Olson Jon W 4

What Happened

• Jon W. Olson, Senior Vice President and General Counsel of Blackbaud, sold a total of 15,000 BLKB shares in two open‑market transactions: 10,000 shares on 2026-02-27 at a weighted average price of $48.23 (proceeds $482,268) and 5,000 shares on 2026-03-03 at a weighted average price of $49.10 (proceeds $245,511). Combined proceeds from the sales were $727,779. These were sales (not purchases or option exercises), which are commonly routine and do not by themselves indicate management sentiment.

Key Details

• Transaction dates and reported prices:
  • 2026-02-27: 10,000 shares sold, weighted avg $48.23 (trade prices ranged $48.13–$48.43). (Footnote F1)
  • 2026-03-03: 5,000 shares sold, weighted avg $49.10 (trade prices ranged $49.10–$49.205). (Footnote F2)
• Total shares sold: 15,000; total reported proceeds: $727,779.
• Shares owned after the transactions: Not specified in the provided excerpt of the filing.
• Footnotes: Each sale was executed in multiple trades; the filing reports weighted average prices and offers to provide detailed trade-by-trade info upon request to the SEC, issuer, or security holders.
• Filing: Form 4 filed with accession 0001524788-26-000008 on 2026-03-03. The supplied filing does not flag a delinquency.

Context

• These were open‑market sales (form code "S"), which are often routine (e.g., portfolio rebalancing, tax planning, or liquidity needs). Sales convey less information about insider sentiment than purchases. No option exercises, gifts, or 10b5-1 plan language were indicated in the provided text.