Gregoire Kevin P. 4

What Happened Kevin P. Gregoire, Chief Operating Officer of Blackbaud Inc. (BLKB), sold 2,000 shares on March 4, 2026 at $50.02 per share in an open-market/private sale, generating proceeds of approximately $100,040. This was a straight sale (Form 4 code S), which is often routine and does not by itself indicate a change in company outlook.

Key Details

• Transaction date and price: March 4, 2026 — 2,000 shares at $50.02 each.
• Total proceeds: $100,040.
• Transaction type: Reported as an open-market or private sale (S).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date / timeliness: Report filed March 6, 2026 (appears timely relative to the March 4 transaction).
• Notable footnotes: None reported in the excerpt (no 10b5-1 plan, tax-withholding, option exercise, or gift indicated).

Context This was a simple sale of existing shares rather than an option exercise or award. For retail investors, purchases or large buys by insiders can be more informative about confidence in the company; routine sales like this are common and can reflect personal liquidity needs rather than a view on Blackbaud’s prospects.