Blackbaud amends CEO Gianoni's bonus to equity-based; modifies severance terms

BLACKBAUD INC

Annual bonus switches from cash to restricted stock/RSUs; target 100% of base salary (range 0-200%).
In non-cause/good reason termination, severance bonus now based on average grant-date fair value of prior two years' vested equity bonuses.
New COBRA premium reimbursement for up to 12 months added for change-in-control termination.
Death/disability termination now includes accelerated vesting of all unvested equity (including bonus) at actual or target performance.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.