Laurence Fink (BLK) awarded $8.43M in restricted stock units
Rhea-AI Filing Summary
BlackRock Chairman and CEO Laurence Fink reported a new equity award. On 01/16/2026 he received 7,206 shares of common stock at a price of $0, representing a grant of Restricted Stock Units with an approved award value of $8,432,500. The award value was converted to units using $1,170.18, the average of the high and low share price on that date. These Restricted Stock Units vest in three equal installments on 1/31/2027, 1/31/2028 and 1/31/2029. Following this grant, he beneficially owned 258,903 shares and Restricted Stock Units, which will vest over a period of 1 to 3 years and are payable in an equal number of common shares.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did BlackRock (BLK) report for Laurence Fink?
BlackRock reported that Chairman and CEO Laurence Fink acquired 7,206 shares of common stock on 01/16/2026 in a transaction coded "A," corresponding to a grant of Restricted Stock Units at a price of $0 per share.
What is the value and pricing basis of Laurence Finks new equity award at BlackRock (BLK)?
The award reflects an approved value of $8,432,500, converted into Restricted Stock Units by dividing that value by $1,170.18, which was the average of the high and low price per share of BlackRock common stock on January 16, 2026.
How do Laurence Finks new Restricted Stock Units at BlackRock (BLK) vest?
The Restricted Stock Units granted to Laurence Fink vest in three equal installments on 1/31/2027, 1/31/2028 and 1/31/2029. Each unit is payable solely in one share of BlackRock common stock.
How many BlackRock (BLK) shares does Laurence Fink beneficially own after the reported grant?
After the reported transaction, Laurence Fink beneficially owned 258,903 shares and Restricted Stock Units of BlackRock common stock, including units that will vest over a period of 1 to 3 years.
Who approved the 2026 equity award granted to BlackRock (BLK) CEO Laurence Fink?
The grant with an award value of $8,432,500 was approved by BlackRocks Management Development and Compensation Committee on January 13, 2026.
What role does Laurence Fink hold at BlackRock (BLK) in this insider filing?
In this insider report, Laurence Fink is identified as a Director and as an Officer of BlackRock, serving as Chairman and CEO.