---
schema_version: "secwatch.filing_event.v1"
accession: "0001280058-23-000038"
form_type: "8-K"
ticker: "BLKB"
cik: "0001280058"
company_name: "BLACKBAUD INC"
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:17:35.169265+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blackbaud extends stockholder rights plan to Oct 2024, seeking ratification at 2024 annual meeting

## Summary
- Amendment effective Oct 2, 2023, extends rights plan expiration from Oct 2, 2023 to Oct 2, 2024.
- All other terms of the October 2022 Rights Plan remain unchanged; board unanimously approved.
- Extension intended to protect against open-market accumulation without control premium.
- Company will submit amendment for stockholder ratification at the 2024 annual meeting.
- Equiniti Trust Company continues as rights agent.

## SEC filing metadata
- accession: 0001280058-23-000038
- form_type: 8-K
- ticker: BLKB
- cik: 0001280058
- company_name: BLACKBAUD INC
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280058/000128005823000038/0001280058-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280058/000128005823000038/blkb-20231002.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001280058-23-000038
- JSON: https://secwatch.observer/filing/0001280058-23-000038.json
- Plain text: https://secwatch.observer/filing/0001280058-23-000038.txt

## Key facts
- Material Agreements
  BLACKBAUD INC amended Amendment to the Stockholder Rights Agreement with Equiniti Trust Company, LLC (effective 2023-10-02).
  - Action: amendment
  - Counterparty: Equiniti Trust Company, LLC
  - Effective: 2023-10-02
  source text: On October 2, 2023, Blackbaud, Inc., a Delaware corporation (the “ Company ”), and Equiniti Trust Company, LLC (f/k/a American Stock Transfer & Trust Company, LLC), as rights agent (the “ Rights Agent ”), entered into the Amendment to the Stockholder Rights Agreement, dated as of October 2, 2023 (the “ Amendment ”), which amended the Stockholder Rights Agreement, dated as of October 7, 2022 (the “ Rights Agreement ”), by and between the Company and the Rights Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280058/000128005823000038/0001280058-23-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.