BlackRock (NYSE: BLK) director Hans Vestberg awarded 214 RSUs
Rhea-AI Filing Summary
BlackRock, Inc. director Hans E. Vestberg reported an equity grant of 214 shares of common stock on January 16, 2026. The shares were acquired at a price of $0 per share, increasing his beneficial ownership to 2,076 BlackRock common shares held directly.
The grant represents restricted stock units awarded to a non-employee director under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan, calculated using a reference price of $1,170.18 per share, which was the average of the high and low trading prices on January 16, 2026. These restricted stock units vest upon the director’s election or re-election at the 2026 Annual Meeting of Shareholders and will generally be settled in shares of common stock on the third anniversary of the grant date, unless the director elects settlement upon leaving the Board, either in a lump sum or in five equal annual installments.
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FAQ
What insider transaction did BlackRock (BLK) director Hans E. Vestberg report?
Hans E. Vestberg reported the acquisition of 214 shares of BlackRock common stock on January 16, 2026, in a transaction coded "A" for an award or grant. The acquisition price was $0 per share, reflecting an equity award rather than an open-market purchase.
How many BlackRock (BLK) shares does Hans E. Vestberg own after this Form 4 transaction?
Following the reported transaction, Hans E. Vestberg beneficially owns 2,076 shares of BlackRock common stock, held directly in his name according to the filing.
What type of equity award did Hans E. Vestberg receive from BlackRock (BLK)?
The filing explains that the award consists of Restricted Stock Units (RSUs) granted to a non-employee director under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. These RSUs will be settled in shares of common stock according to the plan terms.
How was the number of restricted stock units for Hans E. Vestberg’s BlackRock grant determined?
The restricted stock units were based on a reference value of $1,170.18 per share, which the filing states was the average of the high and low price of BlackRock common stock on January 16, 2026.
When do Hans E. Vestberg’s BlackRock restricted stock units vest and settle?
The restricted stock units vest upon his election or re-election, as applicable, at the 2026 Annual Meeting of Shareholders. They will be settled in shares of common stock on the third anniversary of the grant date, unless he elects settlement when he ceases to be a Board member, either as a lump sum or in five equal annual installments.
Is Hans E. Vestberg classified as an officer or large shareholder of BlackRock (BLK) in this filing?
The reporting person is identified as a director of BlackRock, Inc. and is not listed as an officer or 10% owner in the relationship section of the filing.