BlackRock exec Cohen nets 3,771 RSUs vesting
BlackRock Senior Managing Director Stephen Cohen reported routine equity award activity.
Rhea-AI Filing Summary
BlackRock Senior Managing Director Stephen Cohen reported routine equity award activity. On January 30, 2026, BlackRock withheld 2,135 shares of common stock at $1,118.94 per share to satisfy tax obligations on vested awards. On January 31, 2026, Cohen acquired 3,771 shares at $0 as Restricted Stock Units vested.
Following these transactions, Cohen beneficially owned 8,722 shares, including common stock and Restricted Stock Units that vest over 1 to 3 years, each payable in an equal number of shares. The vesting reflects a $2,404,835 2022 Performance Incentive Plan award, converted into 3,234 Restricted Stock Units using a $743.61 share price, with actual vesting equal to 116.6% of the original award based on company performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 3,771 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Shares Of Common Stock (par Value $0.01 Per Share) | 2,135 | $1,118.94 | $2.39M |
Footnotes (3)
- F1. Represents the withholding by BlackRock of common stock to satisfy tax obligations on the vesting of the reporting person's awards granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan.
- F2. 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.
- F3. Reflects a 2022 BlackRock Performance Incentive Plan award value of $2,404,835 converted to 3,234 Restricted Stock Units by dividing the award value by $743.61, which was the average of the high and low price per share of Common Stock on January 17, 2023. As outlined in BlackRock's 2023 Proxy Statement, the award was subject to adjustment based on certain performance metrics approved by the Management Development and Compensation Committee at the time of the award. Based on the Company's performance, the Restricted Stock Units vesting represent 116.6% of the original award.
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