{"schema_version":"secwatch.filing_event.v1","accession":"0001280058-24-000020","form_type":"8-K","ticker":"BLKB","cik":"0001280058","company_name":"BLACKBAUD INC","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.671719+00:00","generated_at":"2026-06-04T14:36:28.364036+00:00","sec_items":["1.01","3.03","5.03","7.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Blackbaud terminates stockholder rights plan effective March 18, 2024","bullets":["Board voted unanimously to end the Rights Plan, which was set to expire on October 2, 2024.","Certificate of Elimination filed to remove Series A Junior Participating Preferred Stock.","Stockholders do not need to take any action as a result of this termination.","Board concluded that an active rights plan is not necessary at this time for stockholder interests."],"urls":{"canonical":"https://secwatch.observer/filing/0001280058-24-000020","json":"https://secwatch.observer/filing/0001280058-24-000020.json","markdown":"https://secwatch.observer/filing/0001280058-24-000020.md","text":"https://secwatch.observer/filing/0001280058-24-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280058/000128005824000020/0001280058-24-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280058/000128005824000020/blkb-20240318.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T14:36:28.364036+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"76ca5c13792e3750ec45c2a6dfc0a6100ecf3929","claim":"BLACKBAUD INC: Filed a Certificate of Elimination to eliminate all provisions of the Certificate of Designations for Series A Preferred Stock, returning those shares to authorized but undesignated preferred stock (effective 2024-03-18).","evidence_excerpt":"On March 18, 2024, the Company filed a Certificate of Elimination (the “ Certificate of Elimination ”) with the Secretary of State of the State of Delaware eliminating all provisions of the Certificate of Designations previously filed by the Company with the Delaware Secretary of State on October 11, 2022 related to a series of preferred stock designated as Series A Junior Participating Preferred Stock (the “ Series A Preferred Stock ”) established pursuant to the Rights Agreement.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280058/000128005824000020/0001280058-24-000020-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-03-18"}],"fact_type":"governance_change"},{"claim_id":"21577267585d5d8eebaee612600a3373233bce3d","claim":"BLACKBAUD INC terminated Third Amendment to Stockholder Rights Agreement with Broadridge Corporate Issuer Solutions, LLC (effective 2024-03-18).","evidence_excerpt":"On March 18, 2024, Blackbaud, Inc., a Delaware corporation (the “ Company ”), and Broadridge Corporate Issuer Solutions, LLC, a Pennsylvania limited liability company, entered into the Third Amendment to Stockholder Rights Agreement, dated as of March 18, 2024 (the “ Amendment ”), which amended the Stockholder Rights Agreement, dated as of October 7, 2022, by and between the Company and Equiniti Trust Company, LLC (f/k/a American Stock Transfer & Trust Company, LLC), a New York limited liability trust company, as amended by that certain Amendment to Stockholder Rights Agreement, dated as of October 2, 2023, and as further amended by that certain Second Amendment to the Stockholder Rights Agreement, dated as of January 26, 2024 (as amended, the “ Rights Agreement ”). The Amendment terminated the Rights Agreement by accelerating the expiration time of the Company’s preferred share purchase rights (each, a “ Right ” and, collectively, the “ Rights ”) to 5:00 P.M., New York City time, on M","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280058/000128005824000020/0001280058-24-000020-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Broadridge Corporate Issuer Solutions, LLC"},{"label":"Effective","value":"2024-03-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}