---
schema_version: "secwatch.filing_event.v1"
accession: "0001280058-25-000055"
form_type: "8-K"
ticker: "BLKB"
cik: "0001280058"
company_name: "BLACKBAUD INC"
filed_at: "2025-12-05T23:59:59+00:00"
generated_at: "2026-05-16T14:12:30.699543+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Blackbaud updates LTI equity retirement program, raising age/service requirement to 65

## Summary
- Minimum combined age and years of service increased from 62 to 65 for equity award eligibility.
- New minimum retirement age of 60; at least 5 years continuous service required.
- Performance-based LTI awards now also eligible for post-retirement vesting.
- Changes apply only to annual LTI grants on or after January 1, 2026; outstanding awards unaffected.

## SEC filing metadata
- accession: 0001280058-25-000055
- form_type: 8-K
- ticker: BLKB
- cik: 0001280058
- company_name: BLACKBAUD INC
- filed_at: 2025-12-05T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280058/000128005825000055/0001280058-25-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280058/000128005825000055/blkb-20251201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001280058-25-000055
- JSON: https://secwatch.observer/filing/0001280058-25-000055.json
- Plain text: https://secwatch.observer/filing/0001280058-25-000055.txt

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