Blackbaud EVP Sells $681,147 in Stock

The sale represents a 16.4% decrease in the executive's ownership stake.

Published on Feb. 26, 2026

Got story updates? Submit your updates here. ›

Blackbaud, Inc. (NASDAQ:BLKB) Executive Vice President David Benjamin sold 14,349 shares of the company's stock for a total value of $681,147.03. Following the sale, Benjamin directly owns 73,124 shares in the company, valued at approximately $3,471,196.28. This represents a 16.40% decrease in his ownership of the stock.

Why it matters

Insider transactions, such as stock sales by executives, can provide insight into a company's performance and the confidence of its leadership. This sale by a Blackbaud EVP may signal concerns about the company's outlook or a desire to diversify personal holdings.

The details

The stock was sold at an average price of $47.47 per share. The sale was disclosed in a filing with the Securities and Exchange Commission. Blackbaud is a cloud software and services provider focused on the nonprofit and social good sectors.

  • The stock sale occurred on Tuesday, February 24, 2026.

The players

David Benjamin

Executive Vice President at Blackbaud, Inc.

Blackbaud, Inc.

A leading provider of cloud software, services and data intelligence solutions for the social good community.

Got photos? Submit your photos here. ›

The takeaway

This stock sale by a Blackbaud executive may raise questions about the company's near-term outlook, though insider transactions can have various motivations. Investors will likely monitor Blackbaud's performance and any further insider activity for clues about the company's direction.