4Filed Aug 4, 8:00 PM ET
Blackbaud (BLKB) Director Don R. Nanney Receives Restricted Stock Award
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Blackbaud (BLKB) Director Don R. Nanney Receives Restricted Stock Award
What Happened
Don R. Nanney, a director of Blackbaud, received a restricted stock award of 7,834 shares on August 3, 2026. The grant was reported at $0.00 per share (award/issuance), so no cash purchase was made; the filing was made August 5, 2026.
Key Details
- Transaction date and type: 2026-08-03 — Award/Grant (code A) of 7,834 shares at $0.00.
- Filing date: Form 4 filed 2026-08-05 (two days after the transaction; appears timely).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The shares are a restricted stock award that will vest on August 3, 2027 (or earlier immediately prior to the 2027 annual election of directors), provided Nanney is then serving as a director.
Context
This was a compensation award to a director, not an open-market purchase or sale. Restricted shares typically vest based on continued service and do not itself signal a buy or sell decision by the insider; such awards are common for director compensation.