BlackRock (NYSE: BLK) director receives 29-share stock award under incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEMKAU GREGG reported acquisition or exercise transactions in this Form 4 filing.
BlackRock, Inc. director Gregg Lemkau received a grant of 29 shares of common stock as a non-employee director award. The stock was granted under BlackRock’s Third Amended and Restated 1999 Stock Award and Incentive Plan. Following this grant, Lemkau directly holds 254 common shares. The award was valued using a closing stock price of $961.71 per share on March 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEMKAU GREGG
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 29 | $0.00 | -- |
Holdings After Transaction:
Shares Of Common Stock (par Value $0.01 Per Share) — 254 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 29 shares
Holdings after grant: 254 shares
Grant valuation price: $961.71 per share
3 metrics
Shares granted
29 shares
Common stock award to nonemployee director on March 31, 2026
Holdings after grant
254 shares
Total BlackRock common shares directly held by Gregg Lemkau after transaction
Grant valuation price
$961.71 per share
Closing stock price on March 31, 2026 used to value the award
Key Terms
Nonemployee Directors, Third Amended and Restated BlackRock, Inc. 1999 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"
Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan financial
"Common Stock granted to Nonemployee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
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 did BlackRock (BLK) director Gregg Lemkau report on this Form 4?
Gregg Lemkau reported receiving 29 shares of BlackRock common stock as a director stock award. The grant was made under BlackRock’s 1999 Stock Award and Incentive Plan and increased his direct holdings to 254 common shares after the transaction.
How was the value of Gregg Lemkau’s BlackRock (BLK) stock grant determined?
The value of Gregg Lemkau’s stock grant was based on a price of $961.71 per share. This amount represents BlackRock’s closing stock price on March 31, 2026, which was used to calculate the value of the nonemployee director stock award.
What compensation plan was used for Gregg Lemkau’s BlackRock (BLK) stock grant?
The grant was made under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. This plan provides common stock awards to nonemployee directors as part of their compensation for serving on BlackRock’s board.