Black Knight, Inc.: insider trades · United States · SEC (Form 4)

About Black Knight, Inc.

Black Knight, Inc. (ticker BKI) was a United States-based software, data, and analytics company focused on the mortgage and real-estate finance ecosystem. The company was headquartered in Jacksonville, Florida, and its shares traded on the NYSE. For market participants, Black Knight was best understood as a specialized mortgage-technology platform rather than a broad enterprise software vendor: its value proposition was built around mission-critical workflows used by lenders, servicers, brokers, and other participants in the U.S. residential mortgage market. Black Knight’s business model centered on end-to-end technology solutions for loan origination, loan servicing, document management, data delivery, analytics, and market intelligence. Over time, the company expanded its platform through a combination of organic development and acquisitions. Well-known components of the franchise included LoanSphere, eLynx, Optimal Blue, and its Data & Analytics offerings. It was also recognized for recurring industry reports such as Mortgage Monitor and for data products that helped clients track mortgage performance, origination trends, and operational efficiency. These products gave Black Knight a reputation as a deeply embedded infrastructure provider with high switching costs and strong data advantages. Historically, the company’s roots were tied to legacy information-services businesses serving financial institutions, and it evolved into a public mortgage-technology pure play. Its competitive position was defined by specialization: Black Knight was not the largest generic software company, but it held a strategically important place in the U.S. mortgage workflow because its systems were integrated into day-to-day origination and servicing processes. That integration created meaningful client stickiness and made the company relevant to investors looking at the digitalization of housing finance in the United States. The most important recent development is that Black Knight was acquired by Intercontinental Exchange (ICE), with the transaction closing on September 5, 2023 for approximately $11.8 billion. Following the acquisition, certain assets including Optimal Blue and the Empower loan origination system were divested to entities associated with Constellation Software. As a result, Black Knight ceased to trade as an independent NYSE-listed company after the transaction closed. For investors analyzing historic SEC Form 4 insider activity, that distinction matters: BKI insider transactions belong to the pre-acquisition period, before the company became part of ICE. In short, Black Knight remains highly relevant as a former standalone leader in U.S. mortgage technology, even though it is no longer an independent public issuer.