Blackbaud (BLKB) Director Deneen Receives Restricted Stock Award

What Happened
Director Deneen DeFiore received a restricted stock award of 7,834 shares on August 3, 2026. The transaction is reported on a Form 4 with a reported price of $0, reflecting that this is an equity award (not an open‑market purchase). This is a grant of compensation rather than a sale or market purchase.

Key Details

• Transaction date: 2026-08-03; reported price: $0 (award/grant).
• Number of shares granted: 7,834 restricted shares.
• Vesting: All shares vest on August 3, 2027, or, if earlier, immediately prior to the 2027 annual election of directors, provided the reporting person is then serving as a director (footnote F1).
• Shares owned after the transaction: Not specified in the provided filing details.
• Filing date: 2026-08-05 — appears to be filed within the typical two‑business‑day window for Form 4s.

Context
Restricted stock awards to directors are a common form of compensation and are not the same as an open‑market purchase or sale; vesting conditions mean the shares are not immediately transferable. Such grants do not by themselves indicate a buy/sell signal for the market.