BlackRock (NYSE: BLK) accounting chief reports new stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Principal Accounting Officer Marc D. Comerchero reported routine equity award activity. On 01/31/2026, he acquired 549 shares of BlackRock common stock at $0 per share from vesting Restricted Stock Units tied to a 2022 performance incentive award.
On 01/30/2026, BlackRock withheld 558 shares at $1,118.94 per share to cover tax obligations on vesting awards. After these transactions, Comerchero directly beneficially owned 7,016 shares of BlackRock common stock, including time‑based and performance‑based Restricted Stock Units that vest over one to four years.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Comerchero Marc D.
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 549 | $0.00 | -- |
| Tax Withholding | Common Stock | 558 | $1,118.94 | $624K |
Holdings After Transaction:
Common Stock — 7,016 shares (Direct)
Footnotes (1)
- Represents the withholding by BlackRock of common stock to satisfy tax obligations on the vesting of the reporting person's awards granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. Includes Common Stock as well as Restricted Stock Units that vest over a period of 1 to 4 years. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock. Reflects a 2022 BlackRock Performance Incentive Plan award value of $350,240 converted to 471 Restricted Stock Units by dividing the award value by $743.61, which was the average of the high and low price per share of Common Stock on January 17, 2023. As outlined in BlackRock's 2023 Proxy Statement, the award was subject to adjustment based on certain performance metrics approved by the Management Development and Compensation Committee at the time of the award. Based on the Company's performance, the Restricted Stock Units vesting represent 116.6% of the original award.
FAQ
What insider transaction did BlackRock (BLK) officer Marc Comerchero report?
Marc D. Comerchero, BlackRock’s Principal Accounting Officer, reported routine equity award activity. He received 549 shares of common stock from vesting Restricted Stock Units and had 558 shares withheld by BlackRock to satisfy tax obligations related to those vesting awards.
What performance award underlies Marc Comerchero’s vested BlackRock (BLK) RSUs?
The vested RSUs reflect a 2022 BlackRock Performance Incentive Plan award originally valued at $350,240, converted into 471 RSUs using a $743.61 share price. Based on company performance, 116.6% of the original award vested, resulting in more units ultimately delivered.