BLACKBAUD INC — Director's Dealing 2026

Feb 25, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACKBAUD INC (BLKB)
CIK: 0001280058
Period of Report: 2026-02-23

Reporting Person: McDearis Kevin (EVP & Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-23	Common Stock	A	2554	—	Acquired	107218	Direct
2026-02-23	Common Stock	S	14974	$46.3832	Disposed	92244	Direct
2026-02-23	Common Stock	S	488	$47.7636	Disposed	91756	Direct
2026-02-23	Common Stock	F	1159	$49.13	Disposed	90597	Direct
2026-02-23	Common Stock	F	1019	$49.13	Disposed	89578	Direct
2026-02-23	Common Stock	F	2230	$49.13	Disposed	87348	Direct

Footnotes

F1: The Compensation Committee determined that a portion of performance restricted stock units ("PRSUs") granted on February 21, 2024 would vest in full on February 23, 2026 based on the Issuer achieving performance goals for the period ended December 31, 2025, subject to continued employment. The remaining PRSUs granted in 2024 will vest dependent on the achievement of performance goals for the period ended December 31, 2026, subject to continued employment.

F2: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 24, 2025.

F3: This transaction was executed in multiple trades at prices ranging from $45.9697 to $46.9074. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

F4: This transaction was executed in multiple trades at prices ranging from $47.535 to $48.1018. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

F5: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 21, 2024.

F6: Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 21, 2024.