STOCK TITAN
  1. Home
  2. Sec-filings
  3. BLK
  4. [Form 4] BlackRock, Inc. Insider Trading Activity

BlackRock (NYSE: BLK) CFO trades stock and receives new RSU grant

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

BlackRock CFO & Senior Managing Director Martin Small reported multiple equity transactions dated January 16, 2026. He exercised 27,047 employee stock options at an exercise price of $513.5 per share, receiving the same number of shares of common stock. On the same day, he sold 12,891, 8,139, 5,514, and 503 shares of BlackRock common stock in separate transactions at weighted average prices of $1,170.2676, $1,171.5227, $1,172.3705, and $1,173.7954 per share, respectively.

Small also received an award of 4,348 Restricted Stock Units, reflecting an approved award value of $5,087,650 divided by $1,170.18, the average of the high and low share price on January 16, 2026. These Restricted Stock Units vest in equal installments on 1/31/27, 1/31/28, and 1/31/29. Following the reported transactions, he held 10,557.4148 shares of BlackRock common stock, including Restricted Stock Units scheduled to vest over one to three years.

Positive

  • None.

Negative

  • None.
Insider Small Martin
Role CFO & Senior Managing Director
Sold 27,047 shs ($31.68M)
Type Security Shares Price Value
Exercise Employee Stock Option (Right to Buy) 27,047 $0.00 --
Grant/Award Common Stock 4,348 $0.00 --
Exercise Common Stock 27,047 $513.50 $13.89M
Sale Common Stock 12,891 $1,170.2676 $15.09M
Sale Common Stock 8,139 $1,171.5227 $9.54M
Sale Common Stock 5,514 $1,172.3705 $6.46M
Sale Common Stock 503 $1,173.7954 $590K
Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 10,557.415 shares (Direct)
Footnotes (1)
  1. Reflects an award value of $5,087,650 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 will 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. This transaction was executed in multiple trades at prices ranging from $1,170.00 to $1,171.00. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. This transaction was executed in multiple trades at prices ranging from $1,171.05 to $1,172.03. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. This transaction was executed in multiple trades at prices ranging from $1,172.10 to $1,172.98. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. This transaction was executed in multiple trades at prices ranging from $1,173.41 to $1,174.00. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. Represents an initial award of 27,047 stock options that vest in equal installments on December 4, 2022, December 4, 2023 and December 4, 2024.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Small Martin
(Last) (First) (Middle)
50 HUDSON YARDS
(Street)
NEW YORK NY 10001
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BlackRock, Inc. [ BLK ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO & Senior Managing Director
3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/16/2026 A 4,348(1) A $0 10,557.4148(2) D
Common Stock 01/16/2026 M 27,047 A $513.5 37,604.4148(2) D
Common Stock 01/16/2026 S 12,891 D $1,170.2676(3) 24,713.4148(2) D
Common Stock 01/16/2026 S 8,139 D $1,171.5227(4) 16,574.4148(2) D
Common Stock 01/16/2026 S 5,514 D $1,172.3705(5) 11,060.4148(2) D
Common Stock 01/16/2026 S 503 D $1,173.7954(6) 10,557.4148(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $513.5 01/16/2026 M 27,047 (7) 12/04/2026 Common Stock 27,047 $0 0 D
Explanation of Responses:
1. Reflects an award value of $5,087,650 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.
2. Includes Common Stock as well as Restricted Stock Units that will 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.
3. This transaction was executed in multiple trades at prices ranging from $1,170.00 to $1,171.00. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
4. This transaction was executed in multiple trades at prices ranging from $1,171.05 to $1,172.03. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
5. This transaction was executed in multiple trades at prices ranging from $1,172.10 to $1,172.98. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
6. This transaction was executed in multiple trades at prices ranging from $1,173.41 to $1,174.00. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
7. Represents an initial award of 27,047 stock options that vest in equal installments on December 4, 2022, December 4, 2023 and December 4, 2024.
/s/ R. Andrew Dickson III as Attorney-in-Fact for Martin Small 01/21/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider trades did BlackRock (BLK) CFO Martin Small report on January 16, 2026?

On January 16, 2026, BlackRock CFO Martin Small exercised 27,047 employee stock options at an exercise price of $513.5 per share, converting them into common stock. He also sold 12,891, 8,139, 5,514, and 503 shares of BlackRock common stock in separate transactions at weighted average prices between $1,170.2676 and $1,173.7954 per share.

How many BlackRock (BLK) shares does Martin Small hold after these transactions?

After the reported transactions on January 16, 2026, Martin Small beneficially owned 10,557.4148 shares of BlackRock common stock. This total includes both directly held common stock and Restricted Stock Units that will vest over a period of one to three years, each payable in an equal number of BlackRock shares.

Did BlackRock CFO Martin Small receive a new equity award in this Form 4 filing?

Yes. Martin Small received an equity award valued at $5,087,650, which was converted into 4,348 Restricted Stock Units by dividing the award value by $1,170.18, the average of the high and low BlackRock share price on January 16, 2026. These Restricted Stock Units vest in three equal annual installments on 1/31/27, 1/31/28, and 1/31/29.

What are the details of the stock option exercise reported by BlackRock (BLK) CFO Martin Small?

Martin Small exercised an Employee Stock Option (Right to Buy) for 27,047 shares of BlackRock common stock at an exercise price of $513.5 per share on January 16, 2026, coded as transaction type M. The underlying stock options were part of an initial award of 27,047 options that vest in equal installments on December 4, 2022, December 4, 2023, and December 4, 2024, with an expiration date of 12/04/2026.

Over what period will Martin Small’s new BlackRock Restricted Stock Units vest?

The new 4,348 Restricted Stock Units granted to Martin Small vest in three equal installments on January 31, 2027, January 31, 2028, and January 31, 2029. Each Restricted Stock Unit is payable solely by delivery of one share of BlackRock common stock upon vesting.

How were the sale prices determined for Martin Small’s BlackRock (BLK) share sales?

Each reported sale transaction was executed in multiple trades within specified price ranges. For example, one sale of 12,891 shares occurred at prices between $1,170.00 and $1,171.00, and the reported price of $1,170.2676 represents the weighted average sale price. Similar weighted average prices were reported for the other sale blocks, with undertakings to provide full trade details upon request.