Blackbaud Files 8-K for Regulation FD Disclosure
Ticker: BLKB · Form: 8-K · Filed: Feb 22, 2024 · CIK: 1280058
Sentiment: neutral
Topics: regulation-fd, compliance
TL;DR
**Blackbaud just dropped an 8-K for Regulation FD, meaning they're making sure everyone gets the same info at the same time.**
AI Summary
Blackbaud, Inc. filed an 8-K on February 22, 2024, reporting an event that occurred on February 16, 2024. The filing is a Regulation FD Disclosure, indicating the company is making information public to comply with fair disclosure requirements. This 8-K does not detail specific financial transactions or major corporate actions, but rather ensures that any material non-public information is simultaneously released to all investors.
Why It Matters
This filing ensures that all investors have equal access to potentially material information, promoting transparency and fair markets. It prevents selective disclosure that could give an unfair advantage to certain individuals or institutions.
Risk Assessment
Risk Level: low — This is a routine compliance filing for fair disclosure, not indicative of any specific negative or positive event.
Key Players & Entities
- Blackbaud, Inc. (company) — Registrant
- February 16, 2024 (date) — Date of earliest event reported
- February 22, 2024 (date) — Filing date
- Delaware (company) — State of incorporation
- 65 Fairchild Street , Charleston , South Carolina 29492 (company) — Principal executive offices address
FAQ
What is the purpose of this 8-K filing by Blackbaud, Inc.?
The purpose of this 8-K filing is for Regulation FD Disclosure, ensuring that any material non-public information is simultaneously released to all investors.
When was the earliest event reported in this 8-K?
The earliest event reported in this 8-K occurred on February 16, 2024.
What is Blackbaud, Inc.'s state of incorporation?
Blackbaud, Inc.'s state of incorporation is Delaware.
What is the business address of Blackbaud, Inc. as stated in the filing?
The business address of Blackbaud, Inc. is 65 Fairchild Street, Charleston, South Carolina 29492.
What is the telephone number for Blackbaud, Inc. listed in the filing?
The telephone number for Blackbaud, Inc. listed in the filing is (843) 216-6200.
Filing Stats: 526 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-02-22 08:27:04
Key Financial Figures
- $0.001 — ange on which Registered Common Stock, $0.001 Par Value BLKB Nasdaq Global Select Mar
Filing Documents
- blkb-20240216.htm (8-K) — 26KB
- blkb-20240216_g1.jpg (GRAPHIC) — 13KB
- 0001280058-24-000015.txt ( ) — 223KB
- blkb-20240216.xsd (EX-101.SCH) — 3KB
- blkb-20240216_def.xml (EX-101.DEF) — 15KB
- blkb-20240216_lab.xml (EX-101.LAB) — 30KB
- blkb-20240216_pre.xml (EX-101.PRE) — 16KB
- blkb-20240216_htm.xml (XML) — 4KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 16, 2024, following a family dinner, the Company's President, Chief Executive Officer and Vice Chairman of the Board of Directors ("the Board"), Michael Gianoni, was cited in Isle of Palms, South Carolina for driving under the influence. Mr. Gianoni has informed the Board that he is contesting the charges. Mr. Gianoni continues to serve as President, Chief Executive Officer and Vice Chairman of the Board at the direction of the Board. The Board takes this matter seriously and is continuing to monitor it and associated considerations. The information set forth in this Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by reference in such filing.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLACKBAUD, INC. Date: February 22, 2024 /s/ Anthony W. Boor Anthony W. Boor Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)