BlackRock (BLK) director Gregg Lemkau receives 225 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock director Gregg Lemkau reported an equity grant of 225 restricted stock units tied to BlackRock common stock. The grant is valued based on a reference price of $1,111.75 per share, which was the average of the high and low trading prices on January 27, 2026.
These restricted stock units vest when Lemkau is re-elected at BlackRock’s 2026 Annual Meeting of Shareholders. They will be settled in shares of common stock on the third anniversary of the grant date, unless he elects settlement when he leaves the Board, either in a lump sum or in five equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEMKAU GREGG
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 225 | $0.00 | -- |
Holdings After Transaction:
Shares Of Common Stock (par Value $0.01 Per Share) — 225 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BlackRock (BLK) director Gregg Lemkau report?
Gregg Lemkau reported receiving 225 restricted stock units linked to BlackRock common stock. The units were granted at a reference price of $1,111.75 per share and are reported as an acquisition of 225 shares at $0.00 per share on January 27, 2026.
How were Gregg Lemkau’s BlackRock (BLK) restricted stock units valued?
The 225 restricted stock units were based on a value of $1,111.75 per share. This price represents the average of the high and low trading prices of BlackRock common stock on January 27, 2026, the date the grant was made to Lemkau as a non-employee director.
When do Gregg Lemkau’s BlackRock (BLK) restricted stock units vest?
The restricted stock units vest upon Lemkau’s re-election at BlackRock’s 2026 Annual Meeting of Shareholders. Vesting is contingent on that re-election, aligning the equity award with his continued service as a non-employee member of the Board of Directors.
How and when will Gregg Lemkau’s BlackRock (BLK) restricted stock units be settled?
The units will be settled in shares of BlackRock common stock on the third anniversary of the grant date. Alternatively, Lemkau may elect settlement when he ceases to be a Board member, either in a lump sum or in five equal annual installments.
What equity plan governs Gregg Lemkau’s BlackRock (BLK) restricted stock unit grant?
The grant was made under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. This plan provides equity-based compensation to participants, including new non-employee directors such as Gregg Lemkau, through instruments like restricted stock units.
Is Gregg Lemkau’s ownership in BlackRock (BLK) direct or indirect after this grant?
Following the reported transaction, Lemkau beneficially owns 225 shares on a direct basis. The Form 4 lists the ownership form as direct, with no indicated indirect beneficial ownership or separate entity holding these particular restricted stock units.