Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-28

Blackbaud Inc (BLKB)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$6,022,250
Michael Gianoni total, FY2025
20th
CEO pay percentile vs peers
51:1
CEO-to-median pay ratio
98.34%
Say-on-pay support, latest vote
Companies that benchmark against BLKB
34 companies name BLKB as a compensation peer

Each company listed discloses BLKB in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BLKB in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

See BLKB's full peer web, pay-for-performance alignment, and every company benchmarked the same way — start a 3-day trial (no card required)
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01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Gianoni$800,031$0$5,206,285$0$0$0$15,934$6,022,250
Chief Executive Officer, President and Vice Chairman of the Board
Kevin Gregoire490,01903,242,97600017,6733,750,668
Executive Vice President and Chief Operating Officer
Anthony Boor518,59803,039,53800018,4993,576,635
Executive Vice President of Corporate Development and Strategy
David Benjamin464,01802,644,37900019,2233,127,620
Executive Vice President and Chief Commercial Officer
Kevin McDearis475,01802,473,41200014,6242,963,054
Executive Vice President and Chief Technology Officer
Chad Anderson400,01601,917,08400016,4392,333,538
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Michael Gianoni$6,022,250$10,225,840$9,596,722−4,203,590
Kevin Gregoire3,750,6683,520,3443,516,512+230,324
Anthony Boor3,576,6354,191,9754,089,530−615,340
David Benjamin3,127,6202,921,5073,908,454+206,113
Kevin McDearis2,963,0542,785,7112,995,070+177,343
Chad Anderson2,333,538———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Chad AndersonExecutive VP and CFO2026-05-04A616$0$0CommonForm 4 ↗
Chad AndersonExecutive VP and CFO2026-05-04D187387,020CommonForm 4 ↗
Chad AndersonExecutive VP and CFO2026-05-04D1,1373842,683CommonForm 4 ↗
Chad AndersonExecutive VP and CFO2026-06-01D6,20531194,279CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kevin GregoirePSU2025-02-182,4004,799—9,598$340,537
Kevin McDearisPSU2025-02-1824,6529,3049,304330,106
Anthony BoorPSU2025-02-191919—191,339,566
David BenjaminPSU2025-02-182,2724,544—9,088322,442
Kevin GregoirePSU2024-02-222,2704,539—9,078307,200
Kevin GregoirePSU2024-02-212121—211,352,636
Michael GianoniPSU2024-02-21221—2,185,0382,185,038
Kevin GregoirePSU2024-02-21221—676,352676,352
Chad AndersonPSU2025-02-19219—245,576245,576
Kevin McDearisPSU2025-02-19197,82015,64015,6401,071,653
Anthony BoorPSU2024-02-21221—832,402832,402
Kevin McDearisPSU2024-02-212121—21998,882
David BenjaminPSU2024-02-21221—541,095541,095
David BenjaminPSU2025-02-19219—580,501580,501
Chad AndersonPSU2025-05-0222—5689,338
Michael GianoniPSU2025-02-19219—1,116,2591,116,259
Michael GianoniPSU2025-02-185,22310,446—20,892741,248
Anthony BoorPSU2025-02-182,5405,079—10,158360,406
Chad AndersonPSU2025-02-191919—19491,151
Chad AndersonPSU2025-02-181,4692,938—5,876208,480
Kevin GregoirePSU2025-02-191919—191,451,185
Anthony BoorPSU2025-02-19219—669,783669,783
Anthony BoorPSU2024-02-222,4024,803—9,606325,067
David BenjaminPSU2024-02-212121—211,082,122
Anthony BoorPSU2024-02-212121—211,664,803
David BenjaminPSU2024-02-222,0844,168—8,336282,090
Kevin McDearisPSU2024-02-21221—499,441499,441
Kevin McDearisPSU2024-02-222,2004,400—8,800297,792
Michael GianoniPSU2024-02-224,9409,879—19,758668,611
Kevin McDearisPSU2025-02-19219—535,826535,826
David BenjaminPSU2025-02-191919—191,160,934
Kevin GregoirePSU2025-02-19219—725,627725,627
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Kevin Gregoire$0$4,853,537$0100.0%
Kevin McDearis03,733,7000100.0%
Anthony Boor05,192,0270100.0%
David Benjamin03,969,1840100.0%
Michael Gianoni04,711,1560100.0%
Chad Anderson01,634,5450100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Anthony BoorRSU19,550—$1,237,906
Michael GianoniRSU15,629—989,628
Michael GianoniRSU43,014—2,723,646
Anthony BoorRSU5,196—329,011
Kevin GregoireRSU3,699—234,221
Kevin McDearisPSU4,916—311,281
Chad AndersonRSU1,252—79,277
Kevin McDearisRSU2,732—172,990
Michael GianoniRSU16,294—1,031,736
Kevin McDearisRSU15,640—990,325
Anthony BoorRSU6,251—395,813
Kevin GregoireRSU10,593—670,749
Kevin McDearisRSU7,823—495,352
Chad AndersonRSU11,227—710,894
Michael GianoniRSU11,170—707,284
Michael GianoniRSU5,690—360,291
Kevin GregoireRSU5,276—334,076
David BenjaminRSU4,884—309,255
Kevin McDearisRSU4,299—272,213
Anthony BoorRSU4,255—269,427
Kevin GregoireRSU3,457—218,897
Anthony BoorRSU3,415—216,238
David BenjaminRSU2,959—187,364
David BenjaminRSU2,767—175,206
Kevin McDearisRSU2,554—161,719
Michael GianoniRSU10,687—676,701
Michael GianoniRSU32,582—2,063,092
Kevin GregoireRSU21,179—1,341,054
David BenjaminRSU8,475—536,637
Michael GianoniRSU21,787—1,379,553
Michael GianoniPSU21,720—1,375,310
Michael GianoniPSU21,508—1,361,887
Michael GianoniRSU19,637—1,243,415
Anthony BoorRSU16,386—1,037,562
Kevin GregoirePSU14,120—894,078
Kevin GregoireRSU13,314—843,042
Anthony BoorPSU13,032—825,186
David BenjaminPSU11,296—715,263
Kevin McDearisPSU10,426—660,174
Kevin McDearisRSU9,832—622,562
Anthony BoorRSU8,715—551,834
Anthony BoorPSU8,194—518,844
David BenjaminRSU6,808—431,083
Kevin GregoirePSU6,658—421,585
Kevin GregoireRSU6,079—384,922
Kevin McDearisRSU5,991—379,350
David BenjaminPSU5,326—337,242
David BenjaminRSU4,864—307,988
Chad AndersonPSU4,778—302,543
Kevin McDearisRSU4,490—284,307
Anthony BoorRSU4,275—270,693
Kevin GregoireRSU3,608—228,459
David BenjaminRSU3,340—211,489
Kevin McDearisRSU2,940—186,161
Chad AndersonRSU2,596—164,379
Chad AndersonRSU782—49,516
Chad AndersonRSU535—33,876
Chad AndersonRSU425—26,911
Anthony BoorRSU9,778—619,143
Kevin GregoireRSU7,353—465,592
Anthony BoorRSU7,481—473,697
Chad AndersonRSU3,268—206,930
David BenjaminRSU10,651—674,421
Chad AndersonRSU7,168—453,878
Chad AndersonPSU820—51,922
Chad AndersonRSU3,006—190,340
Chad AndersonRSU4,916—311,281
David BenjaminRSU16,943—1,072,831
Kevin GregoireRSU4,910—310,901
Kevin McDearisRSU4,759—301,340
David BenjaminRSU4,649—294,375
Chad AndersonRSU3,587—227,129
05

Incentive-plan design — the Compensation Discussion & Analysis

Blackbaud is committed to a pay-for-performance philosophy designed to achieve three objectives: (1) market competitiveness to attract and retain executive officers; (2) stockholder value creation through base salary and a combination of performance-based and time-based equity awards; and (3) pay-for-performance by linking actual compensation realized to attainment of short-term and long-term business strategies. The program aims to deliver approximately one-half of executive compensation in variable, performance-based forms.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultantCompensia, Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1030,822,300519,93632,04598.34%Passed
20252025-06-1133,452,9351,761,4289,839,39595%Passed
20242024-06-1235,669,7621,952,03724,13994.81%Passed
20232023-06-1436,165,9541,948,2051,411,04694.89%Passed
20222022-06-0938,486,5011,414,24319,93996.46%Passed
20212021-06-1037,696,6482,349,03251,19994.13%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1098.34%a
20252025-06-1195%b
20242024-06-1294.81%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)51 : 1
CEO total compensation$6,022,250
Median employee compensation$118,728
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Andrew M. LeitchIndependent · Board Chair · Audit · Compensation · Nominating and Corporate Governance (Chair) · Cyber Risk Oversight$320,000$239,578$0—$0$559,578
Kristian P. TalvitieIndependent · Audit · Compensation (Chair)95,000239,5780—0334,578
Deneen M. DeFioreIndependent · Cyber Risk Oversight (Chair) · Nominating and Corporate Governance85,000239,5780—0324,578
D. Roger NanneyIndependent · Audit (Chair)82,500239,5780—0322,078
Bradley L. PyburnIndependent · Compensation · Nominating and Corporate Governance · Cyber Risk Oversight75,000239,5780—0314,578
Rupal S. HollenbeckIndependent · Audit · Nominating and Corporate Governance · Not standing for re-election70,000239,5780—0309,578
Yogesh K. GuptaIndependent · Compensation · Departed during FY56,250239,5780—0295,828
Sarah E. NashIndependent · Compensation (Chair) · Nominating and Corporate Governance · Departed during FY47,500—0—047,500
Michael P. GianoniEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$235,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000 / 20,000
Stock ownership guideline$100,000 within 3 years; $200,000 after 5 consecutive years
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$831,250
Equity awards (grant-date value)$1,677,046
All other compensation$0
Total cost of the board$2,508,296

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

BILL BILL Holdings, Inc.GWRE Guidewire Software, Inc.ETWO E2open Parent Holdings, Inc.TENB Tenable Holdings, Inc.BOX Box, Inc.ACIW ACI Worldwide, Inc.PEGA Pegasystems, Inc.RPD Rapid7, Inc.SWI SolarWinds CorporationTYL Tyler Technologies, Inc.INFA Informatica, Inc.ESTC Elastic N.V.CVLT Commvault Systems, Inc.VRNT Verint Systems, Inc.FIVN Five9, Inc.
10a

Peer reciprocity

Of the companies Blackbaud Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

— BILL Holdings, Inc. (BILL)75— Guidewire Software, Inc. (GWRE)76— E2open Parent Holdings, Inc. (ETWO)77✓ Tenable Holdings, Inc. (TENB)78— Box, Inc. (BOX)79 ACI Worldwide, Inc. (ACIW)— Pegasystems, Inc. (PEGA)80— Rapid7, Inc. (RPD)81— SolarWinds Corporation (SWI)82✓ Tyler Technologies, Inc. (TYL)83✓ Informatica, Inc. (INFA)84— Elastic N.V. (ESTC)85✓ Commvault Systems, Inc. (CVLT)86✓ Verint Systems, Inc. (VRNT)87✓ Five9, Inc. (FIVN)88

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Blackbaud Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Elastic N.V.2026Ashutosh Kulkarni$750,000$45,343,687$0$832,532$46,961,904
2Commvault Systems, Inc.2026Sanjay Mirchandani693,65418,046,78601,111,25019,909,500
3Five9, Inc.2025Michael Burkland585,00016,186,6380621,27017,403,709
4BILL Holdings, Inc.2025Ren Lacerte550,00014,861,4810688,05016,139,836
5ACI Worldwide, Inc.2025Thomas Warsop III750,00013,204,02701,018,87514,999,961
6Guidewire Software, Inc.2025Mike Rosenbaum750,00012,280,2030975,00014,012,061
7Tenable Holdings, Inc.2025Stephen Vintz450,58310,999,9500397,80711,862,340
8Verint Systems, Inc.2025Dan Bodner807,7759,371,5280532,14210,825,132
9Rapid7, Inc.2025Corey Thomas545,0009,195,5760315,00010,058,576
10Tyler Technologies, Inc.2025H. Lynn Moore, Jr.675,0008,173,649008,858,370
11Informatica, Inc.2024Amit Walia1,000,0006,712,1600891,8008,611,892
12SolarWinds Corporation2023Sudhakar Ramakrishna750,0006,772,65301,035,0008,570,853
13Pegasystems, Inc.2025Alan Trefler600,00007,001,532720,0008,332,032
14Blackbaud Inc2025Michael Gianoni800,0315,206,285006,022,250
15E2open Parent Holdings, Inc.2025Andrew Appel650,00000356,3632,520,013
16Box, Inc.2026Aaron Levie162,0000094,912257,076

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Blackbaud Inc102.3%PRSU 75 · RSA 25NoCompensia, Inc.
ACI Worldwide, Inc.135.85%PSU 65 · RSU 35NoCompensia, Inc.
BILL Holdings, Inc.125.1%RSU 50 · PSU 50Yes — Relative TSRSemler Brossy Consulting Group LLC
Box, Inc.105.5%RSU 50 · PSU 50not disclosedCompensia
Commvault Systems, Inc.127%RSU 40 · MSU 30 · PSU 30Yes — Relative TSRCompensia, Inc.
E2open Parent Holdings, Inc.43.86%RSU 50 · PSU 50NoFW Cook
Elastic N.V.not disclosedRSU 50 · PSU 50not disclosedSemler Brossy Consulting Group LLC
Five9, Inc.106%RSU 50 · PSU 50Yes — Relative Total Shareholder Return (RTSR) versus the companies of the S&P Software and Services Select IndexCompensia
Guidewire Software, Inc.130%PSU 50 · RSU 50NoSemler Brossy
Informatica, Inc.48.7%RSU 50 · PSU 50NoCompensia
Pegasystems, Inc.120%Options 100Nonot disclosed
Rapid7, Inc.50%RSU 50 · PSU 50NoCompensia
SolarWinds Corporation138%PSU 50 · RSU 50NoCompensia
Tenable Holdings, Inc.99.9%RSU 65 · PSU 35NoCompensia
Tyler Technologies, Inc.120%PSU 80 · RSU 20NoRadford
Verint Systems, Inc.65%PSU 60 · RSU 40Yes — Relative TSRWillis Towers Watson

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Blackbaud Inc in fiscal 2025?
Michael Gianoni was the highest-paid executive at Blackbaud Inc in fiscal 2025, with total compensation of $6,022,250.
How does Blackbaud Inc's chief executive pay compare to its disclosed peer group?
The company reported that the chief executive's pay was at the 20th percentile of the disclosed peer group.
What is Blackbaud Inc's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio for Blackbaud Inc in fiscal 2025 was 51:1.
How did shareholders vote on Blackbaud Inc's executive compensation?
Shareholders voted in favor of the executive compensation plan with 98.34% support.
How much does Blackbaud Inc spend in total on board compensation for fiscal 2025?
The total board compensation for Blackbaud Inc in fiscal 2025 was $2,508,296.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Michael GianoniDEF 14A2026-04-210001280058-26-000009Section “Compensation Tables” · page 53. As printed: 6,022,250. Filing ↗machine: t43 · r2 · c18 · span 234129–234138
2Section 01, Kevin GregoireDEF 14A2026-04-210001280058-26-000009Section “Compensation Tables” · page 53. As printed: 3,750,668. Filing ↗machine: t43 · r6 · c12 · span 247608–247617
3Section 01, Anthony BoorDEF 14A2026-04-210001280058-26-000009Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 3,576,635. Filing ↗machine: t215 · r8 · c11 · span 1060125–1060134
4Section 01, David BenjaminDEF 14A2026-04-210001280058-26-000009Section “Compensation Tables” · page 53. As printed: 3,127,620. Filing ↗machine: t43 · r5 · c12 · span 244334–244343
5Section 01, Kevin McDearisDEF 14A2026-04-210001280058-26-000009Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 2,963,054. Filing ↗machine: t215 · r17 · c11 · span 1077242–1077251
6Section 01, Chad AndersonDEF 14A2026-04-210001280058-26-000009Section “Compensation Tables” · page 53. As printed: 2,333,538. Filing ↗machine: t43 · r3 · c12 · span 237604–237613
7Section 03, Kevin Gregoire PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r25 · c16 · span 1201491–1201498
8Section 03, Kevin McDearis PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r29 · c16 · span 1209255–1209262
9Section 03, Anthony Boor PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r14 · c15 · span 1178981–1178990
10Section 03, David Benjamin PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r21 · c16 · span 1192984–1192991
11Section 03, Kevin Gregoire PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
12Section 03, Kevin Gregoire PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
13Section 03, Michael Gianoni PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
14Section 03, Kevin Gregoire PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
15Section 03, Chad Anderson PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r9 · c16 · span 1169984–1169991
16Section 03, Kevin McDearis PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r26 · c15 · span 1203181–1203190
17Section 03, Anthony Boor PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
18Section 03, Kevin McDearis PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
19Section 03, David Benjamin PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
20Section 03, David Benjamin PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r19 · c16 · span 1189171–1189178
21Section 03, Chad Anderson PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r12 · c14 · span 1175200–1175207
22Section 03, Michael Gianoni PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r5 · c16 · span 1162002–1162011
23Section 03, Michael Gianoni PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r7 · c16 · span 1166422–1166429
24Section 03, Anthony Boor PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r17 · c16 · span 1185604–1185611
25Section 03, Chad Anderson PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r8 · c15 · span 1168078–1168085
26Section 03, Chad Anderson PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r11 · c16 · span 1173796–1173803
27Section 03, Kevin Gregoire PSUDEF 14A2026-04-210001280058-26-000009Section “2025 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t223 · r22 · c15 · span 1194867–1194876
28Section 03, Anthony Boor PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r15 · c16 · span 1181190–1181197
29Section 03, Anthony Boor PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
30Section 03, David Benjamin PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
31Section 03, Anthony Boor PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
32Section 03, David Benjamin PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
33Section 03, Kevin McDearis PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
34Section 03, Kevin McDearis PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
35Section 03, Michael Gianoni PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
36Section 03, Kevin McDearis PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r27 · c16 · span 1205090–1205097
37Section 03, David Benjamin PSUDEF 14A2026-04-210001280058-26-000009Section “2025 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t223 · r18 · c15 · span 1187262–1187271
38Section 03, Kevin Gregoire PSUDEF 14A2026-04-210001280058-26-000009Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t223 · r23 · c16 · span 1197077–1197084
39Section 07, pay ratioDEF 14A2026-04-210001280058-26-000009Section “CEO Pay Ratio”. As printed: 51 : 1. Filing ↗machine: span 1611917–1611924
40Section 08, Andrew M. LeitchDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 559,578. Filing ↗machine: t118 · r5 · c7 · span 550770–550777
41Section 08, Kristian P. TalvitieDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 334,578. Filing ↗machine: t118 · r9 · c7 · span 559975–559982
42Section 08, Deneen M. DeFioreDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 324,578. Filing ↗machine: t118 · r2 · c11 · span 543983–543990
43Section 08, D. Roger NanneyDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 322,078. Filing ↗machine: t118 · r6 · c7 · span 552963–552970
44Section 08, Bradley L. PyburnDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 314,578. Filing ↗machine: t118 · r8 · c7 · span 557521–557528
45Section 08, Rupal S. HollenbeckDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 309,578. Filing ↗machine: t118 · r4 · c7 · span 548575–548582
46Section 08, Yogesh K. GuptaDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 295,828. Filing ↗machine: t118 · r3 · c7 · span 546378–546385
47Section 08, Sarah E. NashDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 47,500. Filing ↗machine: t118 · r7 · c1 · span 553981–553987
48Section 08, Michael P. GianoniDEF 14A2026-04-210001280058-26-000009Section “Director Compensation”. As printed: 0. Filing ↗
49Section 02, Chad Anderson 2026-05-04Form 42026-05-060001492840-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Chad Anderson 2026-05-04Form 42026-05-060001492840-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Chad Anderson 2026-05-04Form 42026-05-060001492840-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Chad Anderson 2026-06-01Form 42026-06-030001492840-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
53Section 06, 2026 voteForm 8-K2026-06-110001280058-26-000018Item 5.07 · say-on-pay result. As reported: 98.34% (votes for as printed: 30,822,300). Filing ↗
54Section 06, 2025 voteForm 8-K2025-06-130001280058-25-000035Item 5.07 · say-on-pay result. As reported: 95% (votes for as printed: 33,452,935). Filing ↗
55Section 06, 2024 voteForm 8-K2024-06-140001280058-24-000046Item 5.07 · say-on-pay result. As reported: 94.81% (votes for as printed: 35,669,762). Filing ↗
56Section 01 trend, Δ column (computed)Computed—computedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
57Section 03b vehicle mix (computed)Computed—computedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
58Section 09b board cost (computed)Computed—computedCash 831,250 + equity 1,677,046 + all other 0 = 2,508,296, summed across the director compensation table rows.machine: formula: Σ = 2,508,296
59Elastic N.V., Section 10b CEO totalDEF 14A2026-08-280001707753-26-000055CEO total compensation as printed in Elastic N.V.'s own proxy. As printed: 46,961,904. Filing ↗machine: span 823226–823236
60Commvault Systems, Inc., Section 10b CEO totalDEF 14A2026-06-240001169561-26-000018CEO total compensation as printed in Commvault Systems, Inc.'s own proxy. As printed: 19,909,500. Filing ↗machine: r2 · c21 · span 580870–580880
61Five9, Inc., Section 10b CEO totalDEF 14A2026-04-070001288847-26-000055CEO total compensation as printed in Five9, Inc.'s own proxy. As printed: 17,403,709. Filing ↗machine: r4 · c24 · span 919196–919206
62BILL Holdings, Inc., Section 10b CEO totalDEF 14A2025-10-270001193125-25-251571CEO total compensation as printed in BILL Holdings, Inc.'s own proxy. As printed: 16,139,836. Filing ↗machine: t222 · r3 · c34 · span 972693–972703
63ACI Worldwide, Inc., Section 10b CEO totalDEF 14A2026-04-200001193125-26-162572CEO total compensation as printed in ACI Worldwide, Inc.'s own proxy. As printed: 14,999,961. Filing ↗machine: t151 · r6 · c34 · span 887084–887094
64Guidewire Software, Inc., Section 10b CEO totalDEF 14A2025-10-300001528396-25-000233CEO total compensation as printed in Guidewire Software, Inc.'s own proxy. As printed: 14,012,061. Filing ↗machine: r3 · c21 · span 777771–777781
65Tenable Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-020001660280-26-000015CEO total compensation as printed in Tenable Holdings, Inc.'s own proxy. As printed: 11,862,340. Filing ↗machine: span 639236–639246
66Verint Systems, Inc., Section 10b CEO totalDEF 14A2025-05-080001166388-25-000085CEO total compensation as printed in Verint Systems, Inc.'s own proxy. As printed: 10,825,132. Filing ↗machine: t40 · r3 · c16 · span 735065–735075
67Rapid7, Inc., Section 10b CEO totalDEF 14A2026-04-220001560327-26-000019CEO total compensation as printed in Rapid7, Inc.'s own proxy. As printed: 10,058,576. Filing ↗machine: r2 · c42 · span 505425–505435
68Tyler Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-230000860731-26-000022CEO total compensation as printed in Tyler Technologies, Inc.'s own proxy. As printed: 8,858,370. Filing ↗machine: t205 · r9 · c16 · span 1010313–1010322
69Informatica, Inc., Section 10b CEO totalDEF 14A2025-04-280001628280-25-020261CEO total compensation as printed in Informatica, Inc.'s own proxy. As printed: 8,611,892. Filing ↗machine: span 611068–611077
70SolarWinds Corporation, Section 10b CEO totalDEF 14A2024-04-110001739942-24-000048CEO total compensation as printed in SolarWinds Corporation's own proxy. As printed: 8,570,853. Filing ↗machine: r2 · c42 · span 659797–659806
71Pegasystems, Inc., Section 10b CEO totalDEF 14A2026-04-240001013857-26-000031CEO total compensation as printed in Pegasystems, Inc.'s own proxy. As printed: 8,332,032. Filing ↗machine: span 334047–334056
72Blackbaud Inc (subject), Section 10b CEO totalDEF 14A2026-04-210001280058-26-000009CEO total compensation as printed in Blackbaud Inc's own proxy. As printed: 6,022,250. Filing ↗machine: t43 · r2 · c18 · span 234129–234138
73E2open Parent Holdings, Inc., Section 10b CEO totalDEF 14A2025-06-180001193125-25-142713CEO total compensation as printed in E2open Parent Holdings, Inc.'s own proxy. As printed: 2,520,013. Filing ↗machine: r3 · c17 · span 606192–606201
74Box, Inc., Section 10b CEO totalDEF 14A2026-05-130001140361-26-021041CEO total compensation as printed in Box, Inc.'s own proxy. As printed: 257,076. Filing ↗machine: t245 · r2 · c22 · span 1212030–1212037
75Section 10a, BILL Holdings, Inc. reciprocityDEF 14A—0001193125-25-251571BILL Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Blackbaud Inc. Filing ↗
76Section 10a, Guidewire Software, Inc. reciprocityDEF 14A—0001528396-25-000233Guidewire Software, Inc.'s most recent proxy was read; its disclosed peer group does not include Blackbaud Inc. Filing ↗
77Section 10a, E2open Parent Holdings, Inc. reciprocityDEF 14A—0001193125-25-142713E2open Parent Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Blackbaud Inc. Filing ↗
78Section 10a, Tenable Holdings, Inc. reciprocityDEF 14A—0001660280-26-000015Tenable Holdings, Inc. names Blackbaud Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Box, Inc. reciprocityDEF 14A—0001140361-26-021041Box, Inc.'s most recent proxy was read; its disclosed peer group does not include Blackbaud Inc. Filing ↗
80Section 10a, Pegasystems, Inc. reciprocityDEF 14A—0001013857-26-000031Pegasystems, Inc.'s most recent proxy was read; its disclosed peer group does not include Blackbaud Inc. Filing ↗
81Section 10a, Rapid7, Inc. reciprocityDEF 14A—0001560327-26-000019Rapid7, Inc.'s most recent proxy was read; its disclosed peer group does not include Blackbaud Inc. Filing ↗
82Section 10a, SolarWinds Corporation reciprocityDEF 14A—0001739942-24-000048SolarWinds Corporation's most recent proxy was read; its disclosed peer group does not include Blackbaud Inc. Filing ↗
83Section 10a, Tyler Technologies, Inc. reciprocityDEF 14A—0000860731-26-000022Tyler Technologies, Inc. names Blackbaud Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
84Section 10a, Informatica, Inc. reciprocityDEF 14A—0001628280-25-020261Informatica, Inc. names Blackbaud Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
85Section 10a, Elastic N.V. reciprocityDEF 14A—0001707753-26-000055Elastic N.V.'s most recent proxy was read; its disclosed peer group does not include Blackbaud Inc. Filing ↗
86Section 10a, Commvault Systems, Inc. reciprocityDEF 14A—0001169561-26-000018Commvault Systems, Inc. names Blackbaud Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
87Section 10a, Verint Systems, Inc. reciprocityDEF 14A—0001166388-25-000085Verint Systems, Inc. names Blackbaud Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
88Section 10a, Five9, Inc. reciprocityDEF 14A—0001288847-26-000055Five9, Inc. names Blackbaud Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗