BlackRock (NYSE: BLK) director Kristin Peck gets 34-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PECK KRISTIN C reported acquisition or exercise transactions in this Form 4 filing.
BlackRock, Inc. director Kristin C. Peck received a grant of 34 shares of common stock as nonemployee director compensation. The shares were awarded at no cash cost to her under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan, based on a closing share price of $961.71 on March 31, 2026. Following this grant, she directly holds 2,028 shares of BlackRock common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PECK KRISTIN C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 34 | $0.00 | -- |
Holdings After Transaction:
Shares Of Common Stock (par Value $0.01 Per Share) — 2,028 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 34 shares
Reference share price: $961.71 per share
Shares held after grant: 2,028 shares
3 metrics
Shares granted
34 shares
Common stock grant to nonemployee director on March 31, 2026
Reference share price
$961.71 per share
BlackRock closing price on March 31, 2026 used to size award
Shares held after grant
2,028 shares
Kristin C. Peck direct BlackRock common stock holdings post-transaction
Key Terms
Nonemployee Directors, 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"
Stock Award and Incentive Plan financial
"under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
A stock award and incentive plan is a company program that gives employees, executives or board members shares, options or other equity-based rewards as part of pay and motivation. It matters to investors because these plans align employee interests with shareholders—similar to paying someone with a slice of the pie instead of cash—but they can also increase the number of shares outstanding (dilution) and affect reported profits and management behavior, so investors watch plan size and rules closely.
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 Kristin C. Peck report in this Form 4?
Kristin C. Peck reported receiving a grant of 34 BlackRock common shares as compensation for service as a nonemployee director. The award came at no cash cost to her, increasing her direct holdings to 2,028 shares after the transaction.
Was the BlackRock (BLK) director transaction a market purchase or sale?
The transaction was not a market trade. Kristin C. Peck received 34 shares as a grant or award, coded as an acquisition, rather than buying or selling shares on the open market. It reflects routine director equity compensation, not trading activity.
What plan governed the stock grant reported by the BlackRock (BLK) director?
The grant was made under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. This plan governs equity compensation for participants, including nonemployee directors like Kristin C. Peck, and determines how many shares are granted based on the closing stock price.