<SEC-DOCUMENT>0001578563-25-000155.txt : 20250226 <SEC-HEADER>0001578563-25-000155.hdr.sgml : 20250226 <ACCEPTANCE-DATETIME>20250226174219 ACCESSION NUMBER: 0001578563-25-000155 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250224 FILED AS OF DATE: 20250226 DATE AS OF CHANGE: 20250226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BOOR ANTHONY W CENTRAL INDEX KEY: 0001239883 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41527 FILM NUMBER: 25671701 MAIL ADDRESS: STREET 1: C/O BRIGHTPOINT INC STREET 2: 7635 INTERACTIVE WAY, SUITE 200 CITY: INDIANAPOLIS STATE: IN ZIP: 46278 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKBAUD INC CENTRAL INDEX KEY: 0001280058 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 112617163 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 65 FAIRCHILD STREET CITY: CHARLESTON STATE: SC ZIP: 29492 BUSINESS PHONE: 843-216-6200 MAIL ADDRESS: STREET 1: 65 FAIRCHILD STREET CITY: CHARLESTON STATE: SC ZIP: 29492 </SEC-HEADER> <DOCUMENT> <TYPE>4 <SEQUENCE>1 <FILENAME>wk-form4_1740609732.xml <DESCRIPTION>FORM 4 <TEXT> <XML> <?xml version="1.0"?> <ownershipDocument> <schemaVersion>X0508</schemaVersion> <documentType>4</documentType> <periodOfReport>2025-02-24</periodOfReport> <notSubjectToSection16>0</notSubjectToSection16> <issuer> <issuerCik>0001280058</issuerCik> <issuerName>BLACKBAUD INC</issuerName> <issuerTradingSymbol>BLKB</issuerTradingSymbol> </issuer> <reportingOwner> <reportingOwnerId> <rptOwnerCik>0001239883</rptOwnerCik> <rptOwnerName>BOOR ANTHONY W</rptOwnerName> </reportingOwnerId> <reportingOwnerAddress> <rptOwnerStreet1>65 FAIRCHILD STREET</rptOwnerStreet1> <rptOwnerStreet2></rptOwnerStreet2> <rptOwnerCity>CHARLESTON</rptOwnerCity> <rptOwnerState>SC</rptOwnerState> <rptOwnerZipCode>29492</rptOwnerZipCode> <rptOwnerStateDescription></rptOwnerStateDescription> </reportingOwnerAddress> <reportingOwnerRelationship> <isDirector>0</isDirector> <isOfficer>1</isOfficer> <isTenPercentOwner>0</isTenPercentOwner> <isOther>0</isOther> <officerTitle>CFO & Exec VP of Fin. & Admin.</officerTitle> </reportingOwnerRelationship> </reportingOwner> <aff10b5One>0</aff10b5One> <nonDerivativeTable> <nonDerivativeTransaction> <securityTitle> <value>Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-24</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>A</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> </transactionCoding> <transactionAmounts> <transactionShares> <value>5733</value> <footnoteId id="F1"/> </transactionShares> <transactionPricePerShare> <value>0</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>A</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>173344</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeTransaction> <securityTitle> <value>Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-25</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>F</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> </transactionCoding> <transactionAmounts> <transactionShares> <value>2399</value> <footnoteId id="F2"/> </transactionShares> <transactionPricePerShare> <value>68.90</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>D</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>170945</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeTransaction> <securityTitle> <value>Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-25</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>F</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> </transactionCoding> <transactionAmounts> <transactionShares> <value>1630</value> <footnoteId id="F2"/> </transactionShares> <transactionPricePerShare> <value>68.90</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>D</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>169315</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeTransaction> <securityTitle> <value>Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-25</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>F</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> </transactionCoding> <transactionAmounts> <transactionShares> <value>3049</value> <footnoteId id="F3"/> </transactionShares> <transactionPricePerShare> <value>68.90</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>D</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>166266</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> </nonDerivativeTable> <derivativeTable></derivativeTable> <footnotes> <footnote id="F1">The Compensation Committee determined that a portion of performance restricted stock units ("PRSUs") granted on February 24, 2022 would vest in full on February 24, 2025 based on the Issuer achieving performance goals for the period ended December 31, 2024, subject to continued employment.</footnote> <footnote id="F2">Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of separate PRSUs granted February 24, 2022.</footnote> <footnote id="F3">Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock granted February 24, 2022.</footnote> </footnotes> <remarks></remarks> <ownerSignature> <signatureName>/s/ Donald R. Reynolds, Attorney-in-Fact</signatureName> <signatureDate>2025-02-26</signatureDate> </ownerSignature> </ownershipDocument> </XML> </TEXT> </DOCUMENT> </SEC-DOCUMENT>