BlackRock (BLK) accounting chief reports $855K in new stock awards
Rhea-AI Filing Summary
BlackRock Principal Accounting Officer granted stock-based awards
BlackRock, Inc. executive Marc D. Comerchero, the company’s Principal Accounting Officer, reported automatic grants of Common Stock tied to restricted stock units on January 16, 2026. He acquired 551 shares at a stated price of $0, linked to an equity award valued at $645,000, and an additional 179 shares at a stated price of $0, linked to an award valued at $210,000. Both award values were converted to restricted stock units using $1,170.18, the average of the high and low BlackRock share price on that date.
These restricted stock units vest over time. The larger grant vests in equal installments on January 31, 2027, January 31, 2028 and January 31, 2029, while the smaller grant vests on January 31, 2028. After these transactions, Comerchero directly beneficially owned 7,025 shares, including both Common Stock and restricted stock units that vest over one to three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 551 | $0.00 | -- |
| Grant/Award | Common Stock | 179 | $0.00 | -- |
Footnotes (1)
- Reflects an award value of $645,000 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. Reflects an award value of $210,000 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 on 1/31/28.
FAQ
What insider transaction did BlackRock (BLK) report for Marc D. Comerchero?
BlackRock’s Principal Accounting Officer, Marc D. Comerchero, reported two acquisitions of Common Stock on January 16, 2026, both coded as A (awards) and priced at $0 per share, reflecting stock-based compensation grants.
What was the value of the stock-based awards reported by BlackRock (BLK)?
The filing states one grant reflects an award value of $645,000 and the other an award value of $210,000, each converted into restricted stock units using a per-share value of $1,170.18.
How was the BlackRock (BLK) restricted stock unit conversion price determined?
The award values were divided by $1,170.18, which the filing identifies as the average of the high and low price per share of BlackRock Common Stock on January 16, 2026, to determine the number of restricted stock units.
When do Marc D. Comerchero’s BlackRock (BLK) restricted stock units vest?
The $645,000 award vests in equal installments on 1/31/27, 1/31/28 and 1/31/29, while the $210,000 award vests on 1/31/28.
Are Marc D. Comerchero’s BlackRock (BLK) restricted stock units settled in stock or cash?
The filing notes that each restricted stock unit is payable solely by delivery of an equal number of shares of BlackRock Common Stock.