Blackbaud (BLKB) Director Kristian Talvitie Receives 7,834-Share Award

What Happened Kristian Talvitie, a director of Blackbaud, received a restricted stock award of 7,834 shares on August 3, 2026. The shares were reported as acquired at $0.00 per share (award/grant), reflecting a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-03; transaction type: Award/Grant (Code A).
• Price reported: $0.00 per share; total reported cash amount: $0.
• Vesting: The award vests on August 3, 2027 (or earlier immediately prior to the 2027 annual director election) provided Talvitie remains a director (see footnote).
• Shares owned after the transaction: not specified in the supplied filing details.
• Filing timeliness: Form 4 filed 2026-08-05 for an 08-03 transaction — filed within the usual SEC two-business-day window.

Context Restricted stock awards are common director/compensation grants that vest based on continued service; they are acquisitions for reporting purposes but do not represent an immediate market purchase. Such awards align recipient incentives with shareholders but should not be interpreted alone as a market sentiment indicator.