BlackRock (NYSE: BLK) awards 2,596 RSUs to senior executive
Rhea-AI Filing Summary
BlackRock, Inc. reported an equity award to Senior Managing Director Stephen Cohen. On 01/16/2026, he received 2,596 shares of common stock in the form of Restricted Stock Units at a grant price of $0 per share as a compensatory award.
The award reflects a value of $3,037,498, calculated by dividing the approved award value by $1,170.18, the average of the high and low share price on January 16, 2026. These Restricted Stock Units vest in three equal installments on 01/31/2027, 01/31/2028 and 01/31/2029. After this grant, Cohen beneficially owned 7,086 shares, including common stock and time‑vesting RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 2,596 | $0.00 | -- |
Footnotes (1)
- Reflects an award value of $3,037,498 converted to a number of Restricted Stock Units by dividing the approved award value by $1,170.18, which was the average of the high and low price per share of Common Stock on January 16, 2026. This grant was approved by the Management Development and Compensation Committee on January 13, 2026. Restricted Stock Units vest in equal installments on 1/31/27, 1/31/28 and 1/31/29. Includes Common Stock as well as Restricted Stock Units that vest over a period of 1 to 3 years. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
FAQ
What insider transaction did BlackRock (BLK) report for Stephen Cohen?
BlackRock reported that Senior Managing Director Stephen Cohen received a grant of 2,596 shares of common stock in the form of Restricted Stock Units on 01/16/2026 with a grant price of $0 per share.
What was the value and pricing basis of Stephen Cohen's RSU grant at BlackRock (BLK)?
The RSU award had an approved value of $3,037,498, converted into units using $1,170.18 per share, which was the average of the high and low common stock price on January 16, 2026.
How do Stephen Cohen's Restricted Stock Units at BlackRock (BLK) vest?
The Restricted Stock Units granted to Stephen Cohen vest in three equal installments on 01/31/2027, 01/31/2028 and 01/31/2029, subject to the terms of the award.
Is Stephen Cohen's BlackRock (BLK) equity award a purchase or a compensation grant?
The Form 4 shows the transaction code "A" at a price of $0 per share, indicating the 2,596 shares were awarded as equity compensation rather than purchased on the market.
Who approved Stephen Cohen's RSU grant at BlackRock (BLK)?
The RSU grant to Stephen Cohen was approved by BlackRock's Management Development and Compensation Committee on January 13, 2026.