Trade Summary
4 days ago, McDearis Kevin, serving as EVP, CTO at Blackbaud Inc (BLKB), sold 15,462 shares at $46.43 per share, for a total transaction value of $717,851.00. Following this transaction, McDearis Kevin now holds 87,348 shares of BLKB.
This sale represents a 15.00% decrease in McDearis Kevin's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, February 23, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, February 25, 2026, 2 days after the trade was made.
Blackbaud Inc operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.