BlackRock (BLK) CEO Laurence Fink makes bona fide gift of 4,780 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock, Inc. Chairman and CEO Laurence Fink reported a bona fide gift of 4,780 shares of common stock on June 1, 2026. The shares were transferred at a stated price of $0.00 per share. Following the gift, he directly holds 225,736 shares, which include Restricted Stock Units scheduled to vest over 1 to 3 years, each payable in an equal number of common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,780 shares gifted
Mixed
1 txn
Insider
FINK LAURENCE
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Shares Of Common Stock (par Value $0.01 Per Share) | 4,780 | $0.00 | -- |
Holdings After Transaction:
Shares Of Common Stock (par Value $0.01 Per Share) — 225,736 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 4,780 shares
Gift price: $0.00 per share
Shares held after transaction: 225,736 shares
+3 more
6 metrics
Gifted shares
4,780 shares
Bona fide gift of common stock on June 1, 2026
Gift price
$0.00 per share
Stated transaction price for gifted shares
Shares held after transaction
225,736 shares
Direct holdings following the gift
Gift transactions
1 gift
Single bona fide gift reported in this Form 4
Gifted share count (summary)
4,780 shares
GiftShares in transaction summary
RSU vesting period
1 to 3 years
Restricted Stock Units vest over this period
Key Terms
Restricted Stock Units, bona fide gift, Common Stock, par Value
4 terms
Restricted Stock Units financial
"Includes Common Stock as well as Restricted Stock Units that will vest over a period of 1 to 3 years."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"Shares Of Common Stock (par Value $0.01 Per Share)"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
par Value financial
"Shares Of Common Stock (par Value $0.01 Per Share)"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did BlackRock (BLK) report for Laurence Fink?
BlackRock reported that Chairman and CEO Laurence Fink made a bona fide gift of 4,780 shares of common stock. The transaction was coded as a gift, meaning no sale occurred and no price was received for the transferred shares.
What does the Form 4 gift transaction code mean for BlackRock (BLK)?
The Form 4 uses transaction code G, which indicates a bona fide gift. This means shares were transferred without payment, distinguishing the move from an open-market sale or purchase and signaling a non-market transfer of BlackRock common stock.
Are Restricted Stock Units included in Laurence Fink’s BlackRock (BLK) holdings?
Yes. The reported holdings of 225,736 BlackRock shares include Restricted Stock Units that will vest over 1 to 3 years. Each unit is payable solely by delivering one share of BlackRock common stock upon vesting, increasing actual share ownership over time.