BLK director Kathleen Murphy granted 256 RSUs and 30 shares
Rhea-AI Filing Summary
Kathleen Murphy, a director of BlackRock, Inc. (BLK), reported non‑derivative transactions consisting of a grant of 256 restricted stock units on 05/15/2025 and an award of 30 shares on 09/30/2025. The 256 RSUs were valued using the average price of $978.275 per share and vest upon re‑election at the 2026 Annual Meeting; they will be settled in shares on the third anniversary of the grant unless an earlier settlement election is made upon departure from the board. The 30 shares were based on the closing price of $1,165.87 on 09/30/2025. Following the reported transactions, Ms. Murphy directly beneficially owned 446 shares and held additional indirect interests through family trusts and a trust for her son totaling 68 shares.
Positive
- 256 RSUs granted to a director, aligning pay with shareholder value through deferred settlement
- 30 shares awarded as immediate equity, increasing the director's direct ownership to 446 shares
- RSU vesting tied to re‑election and multi‑year settlement, promoting retention and alignment
Negative
- None.
Insights
Director compensation comprised time‑based RSUs and an immediate common stock award.
The filing shows a standard non‑employee director award: 256 RSUs granted on 05/15/2025 that vest contingent on re‑election at the 2026 Annual Meeting and settle in shares after three years unless earlier elected for settlement. This structure aligns director pay with shareholder value by deferring settlement and tying vesting to continued service.
The separate grant of 30 shares on 09/30/2025 was based on the closing price of $1,165.87, reflecting an immediate equity award rather than deferred units. The combination increases Ms. Murphy's direct stake to 446 shares, with additional indirect holdings via family vehicles.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 30 | $0.00 | -- |
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 256 | $0.00 | -- |
| holding | Shares Of Common Stock (par Value $0.01 Per Share) | -- | -- | -- |
| holding | Shares Of Common Stock (par Value $0.01 Per Share) | -- | -- | -- |
| holding | Shares Of Common Stock (par Value $0.01 Per Share) | -- | -- | -- |
Footnotes (1)
- Restricted Stock Units granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan to new non-employee directors, based on $978.275 per share which was the average of the high and low price per share of Common Stock on May 15, 2025. These Restricted Stock Units vest upon the director's re-election at the 2026 Annual Meeting of Shareholders and will be settled in shares of Common Stock on the third anniversary of the date of grant, unless the director has elected to receive settlement of such shares on the date that he or she ceases to be a member of the Board (either in a lump sum or in five equal annual installments beginning on such date). Common Stock granted to Nonemployee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan, based on $1,165.87 per share which was the closing price of the stock on September 30, 2025.
