Kevin McDearis - 23 Feb 2026 Form 4 Insider Report for BLACKBAUD INC (BLKB)

Reporting relationship: EVP & Chief Technology Officer
Issuer ticker: BLKB
Reported as of: 23 Feb 2026
Net transaction value: -$934,416
SEC form: 4
Accepted by SEC: 25 Feb 2026, 21:09:57 UTC
Prior SEC filing: 20 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Donald R. Reynolds, Attorney-in-Fact

Key filing fact

Kevin McDearis filed Form 4 for BLACKBAUD INC (BLKB) on 25 Feb 2026.

Key facts

This page summarizes Kevin McDearis's Form 4 filing for BLACKBAUD INC (BLKB).
6 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 25 Feb 2026, 21:09.

Change

Previous filing in this sequence was filed on 20 Feb 2026.
Current net transaction value: -$934,416.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001836951 Primary reporting owner

McDearis Kevin

Relationship: EVP & Chief Technology Officer
Address: 65 FAIRCHILD STREET, CHARLESTON
Signature: /s/ Donald R. Reynolds, Attorney-in-Fact
Signature date: 25 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BLKB transaction

Common Stock

Award

Transaction value: $0
Shares: +2,554
Change %: +2.4%
Price: $0.000000
Shares after: 107,218
Date: 23 Feb 2026
Ownership: Direct
Footnotes: F1

BLKB transaction

Common Stock

Sale

Transaction value: $694,542
Shares: -14,974
Change %: -14%
Price: $46.38
Shares after: 92,244
Date: 23 Feb 2026
Ownership: Direct
Footnotes: F2, F3

BLKB transaction

Common Stock

Sale

Transaction value: $23,309
Shares: -488
Change %: -0.53%
Price: $47.76
Shares after: 91,756
Date: 23 Feb 2026
Ownership: Direct
Footnotes: F2, F4

BLKB transaction

Common Stock

Tax liability

Transaction value: $56,942
Shares: -1,159
Change %: -1.3%
Price: $49.13
Shares after: 90,597
Date: 23 Feb 2026
Ownership: Direct
Footnotes: F5

BLKB transaction

Common Stock

Tax liability

Transaction value: $50,063
Shares: -1,019
Change %: -1.1%
Price: $49.13
Shares after: 89,578
Date: 23 Feb 2026
Ownership: Direct
Footnotes: F5

BLKB transaction

Common Stock

Tax liability

Transaction value: $109,560
Shares: -2,230
Change %: -2.5%
Price: $49.13
Shares after: 87,348
Date: 23 Feb 2026
Ownership: Direct
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

The Compensation Committee determined that a portion of performance restricted stock units ("PRSUs") granted on February 21, 2024 would vest in full on February 23, 2026 based on the Issuer achieving performance goals for the period ended December 31, 2025, subject to continued employment. The remaining PRSUs granted in 2024 will vest dependent on the achievement of performance goals for the period ended December 31, 2026, subject to continued employment.

Footnote F2

This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 24, 2025.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $45.9697 to $46.9074. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $47.535 to $48.1018. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Footnote F5

Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 21, 2024.

Footnote F6

Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 21, 2024.