BlackRock (NYSE: BLK) president sells 8,739 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock President Robert Kapito sold 8,739 shares of the company’s common stock in open‑market transactions. The sales occurred on April 27, 2026 at weighted average prices around $1,056–$1,058 per share. After these trades, he directly holds about 210,186.4 shares, including Restricted Stock Units that will vest over 1 to 3 years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,739 shares ($9,233,596)
Net Sell
3 txns
Insider
KAPITO ROBERT
Role
President
Sold
8,739 shs ($9.23M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Shares Of Common Stock (par Value $0.01 Per Share) | 3,188 | $1,056.1016 | $3.37M |
| Sale | Shares Of Common Stock (par Value $0.01 Per Share) | 5,364 | $1,056.8553 | $5.67M |
| Sale | Shares Of Common Stock (par Value $0.01 Per Share) | 187 | $1,057.6045 | $198K |
Holdings After Transaction:
Shares Of Common Stock (par Value $0.01 Per Share) — 215,737.4 shares (Direct, null)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $1,055.50 to $1,056.50. 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. 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 $1,056.51 to $1,057.48. 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 $1,057.53 to $1,057.75. 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.
Key Figures
Shares sold: 8,739 shares
Sale price (block 1): $1,056.1016 per share
Sale price (block 2): $1,056.8553 per share
+3 more
6 metrics
Shares sold
8,739 shares
Total common shares sold on April 27, 2026
Sale price (block 1)
$1,056.1016 per share
Weighted average price for 3,188 shares sold
Sale price (block 2)
$1,056.8553 per share
Weighted average price for 5,364 shares sold
Sale price (block 3)
$1,057.6045 per share
Weighted average price for 187 shares sold
Post-transaction holdings
210,186.4 shares
Direct ownership after reported sales, including RSUs
Number of sale transactions
3 transactions
All coded as open‑market sales (S) on April 27, 2026
Key Terms
open-market sale, Restricted Stock Units, weighted average sale price, Common Stock, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Restricted Stock Units financial
"Includes Common Stock as well as Restricted Stock Units that will vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price financial
"The price reported represents the weighted average sale price of these trades"
Common Stock financial
"Shares Of Common Stock (par Value $0.01 Per Share)"
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.
Form 4 financial
"disclosed in the Form 4 insider trading report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What type of transaction did Robert Kapito report for BlackRock (BLK)?
He reported open‑market sales of BlackRock common stock, coded as “S” transactions on Form 4. These are standard sales where shares are sold on the market at prevailing prices, rather than grants, gifts, or tax withholdings.
Do Robert Kapito’s BlackRock (BLK) holdings include Restricted Stock Units?
Yes. His reported holdings include Restricted Stock Units (RSUs) that vest over 1 to 3 years. Each RSU is payable solely in an equal number of BlackRock common shares when it vests, increasing his share ownership over time.
Were Robert Kapito’s BlackRock (BLK) sales executed in single trades?
No. Each reported sale price is a weighted average of multiple trades within specified price ranges. Kapito has undertaken to provide detailed trade‑by‑trade pricing information to the SEC, the issuer, or any security holder upon request.