February 18, 2025 · Form 4 insider transaction
McDearis Kevin bought 4,059 shares of Blackbaud, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
The Compensation Committee determined that a portion of performance restricted stock units ("PRSUs") granted on February 13, 2023 would vest in full on February 18, 2025 based on the Issuer achieving performance goals for the period ended December 31, 2024, subject to continued employment. The remaining PRSUs granted in 2023 will vest dependent on the achievement of performance goals for the period ended December 31, 2025, subject to continued employment.