Blackbaud EVP Sells $100K in Company Stock

Kevin Gregoire, an executive vice president at Blackbaud, sold 2,000 shares of the company's stock.

Mar. 8, 2026 at 10:39am

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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.

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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.