BlackRock (NYSE: BLK) director receives 30-share stock award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robbins Charles reported acquisition or exercise transactions in this Form 4 filing.
BlackRock, Inc. director Charles Robbins received an equity grant of 30 shares of common stock as a non-cash award. The grant was made under BlackRock’s Third Amended and Restated 1999 Stock Award and Incentive Plan.
After this award, Robbins directly holds 3,091 BlackRock common shares. The grant was valued using a reference price of $961.71 per share, which was the stock’s closing price on March 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robbins Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 30 | $0.00 | -- |
Holdings After Transaction:
Shares Of Common Stock (par Value $0.01 Per Share) — 3,091 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 30 shares
Price per share (grant entry): $0.00 per share
Reference closing price: $961.71 per share
+1 more
4 metrics
Shares granted
30 shares
Equity grant to nonemployee director on March 31, 2026
Price per share (grant entry)
$0.00 per share
Reported transaction price for awarded shares
Reference closing price
$961.71 per share
BlackRock closing price on March 31, 2026 used for grant valuation
Shares held after grant
3,091 shares
Charles Robbins’ direct BlackRock holdings following the award
Key Terms
Nonemployee Directors, Stock Award and Incentive Plan, Common Stock
3 terms
Nonemployee Directors financial
"Common Stock granted to Nonemployee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
Stock Award and Incentive Plan financial
"under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
A stock award and incentive plan is a company program that gives employees, executives or board members shares, options or other equity-based rewards as part of pay and motivation. It matters to investors because these plans align employee interests with shareholders—similar to paying someone with a slice of the pie instead of cash—but they can also increase the number of shares outstanding (dilution) and affect reported profits and management behavior, so investors watch plan size and rules closely.
Common Stock financial
"Common Stock granted to Nonemployee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
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.
FAQ
What insider transaction did BlackRock (BLK) director Charles Robbins report?
Charles Robbins reported receiving 30 shares of BlackRock common stock as an equity grant. The award was issued under BlackRock’s Third Amended and Restated 1999 Stock Award and Incentive Plan, increasing his direct holdings to 3,091 shares following the transaction.
Was the BlackRock (BLK) stock grant to Charles Robbins a cash purchase?
The 30-share award to Charles Robbins was not a cash purchase; it was a grant with a reported price per share of $0.00. The filing identifies it as a grant or award transaction, typical of nonemployee director equity compensation rather than an open-market stock buy.
How was the value of Charles Robbins’ BlackRock stock grant determined?
The grant was based on a reference price of $961.71 per share, the closing price of BlackRock stock on March 31, 2026. This price was used under the company’s stock award and incentive plan to determine the value of the nonemployee director equity grant.
What plan governed the BlackRock (BLK) stock grant to Charles Robbins?
The 30-share grant to Charles Robbins was made under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. This plan governs equity compensation for participants, including nonemployee directors receiving stock-based awards instead of cash compensation.