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Blackbaud EVP Sells $100K in Company Stock
Kevin Gregoire, an executive vice president at Blackbaud, sold 2,000 shares of the company's stock.
Published on Mar. 8, 2026
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Blackbaud, Inc. (NASDAQ:BLKB) EVP Kevin Gregoire sold 2,000 shares of the company's stock on March 4th, 2026 for a total transaction of $100,040. Following the sale, Gregoire still owns 135,194 shares of Blackbaud stock valued at over $6.7 million.
Why it matters
Insider stock sales can provide insight into an executive's confidence in their company's future performance. While a single transaction does not necessarily indicate broader trends, it is noteworthy when a senior leader reduces their equity stake in the business.
The details
The shares were sold at an average price of $50.02 per share. Gregoire's sale represents a 1.46% decrease in his position within the company. Blackbaud is a leading provider of cloud software, services and data intelligence solutions for the nonprofit sector, with products like Raiser's Edge NXT and Blackbaud Financial Edge NXT.
- The stock sale occurred on Wednesday, March 4th, 2026.
The players
Kevin Gregoire
An executive vice president at Blackbaud, Inc.
Blackbaud, Inc.
A leading provider of cloud software, services and data intelligence solutions designed specifically for the social good community.
The takeaway
While a single executive stock sale does not necessarily indicate broader trends, it is noteworthy when a senior leader reduces their equity stake in the business. Investors will likely be watching to see if this is an isolated transaction or part of a broader pattern of insider selling at Blackbaud.
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