BlackRock (NYSE: BLK) executive sells 2,385 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Senior Managing Director J. Richard Kushel reported open-market sales of 2,385 shares of BlackRock common stock. On February 24, 2026, he sold 385 shares at $1,084.9101 per share through The Kushel Family 2018 Trust and 2,000 shares at $1,083.05 per share from his direct holdings. The filing also notes that his reported holdings include restricted stock units that vest over one to three years, each settling in an equal number of common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,385 shares ($2,583,790)
Net Sell
6 txns
Insider
Kushel J. Richard
Role
Senior Managing Director
Sold
2,385 shs ($2.58M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Shares Of Common Stock (par Value $0.01 Per Share) | 385 | $1,084.9101 | $418K |
| Sale | Shares Of Common Stock (par Value $0.01 Per Share) | 2,000 | $1,083.05 | $2.17M |
| holding | Shares Of Common Stock (par Value $0.01 Per Share) | -- | -- | -- |
| holding | Shares Of Common Stock (par Value $0.01 Per Share) | -- | -- | -- |
| holding | Shares Of Common Stock (par Value $0.01 Per Share) | -- | -- | -- |
| holding | Shares Of Common Stock (par Value $0.01 Per Share) | -- | -- | -- |
Holdings After Transaction:
Shares Of Common Stock (par Value $0.01 Per Share) — 3,335 shares (Indirect, By The Kushel Family 2018 Trust);
Shares Of Common Stock (par Value $0.01 Per Share) — 61,980.34 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BlackRock (BLK) report for J. Richard Kushel?
BlackRock Senior Managing Director J. Richard Kushel reported selling 2,385 shares of common stock. The filing shows two open-market sale transactions on February 24, 2026, from both direct holdings and a family trust associated with him.
How are family trusts involved in J. Richard Kushel’s BlackRock (BLK) holdings?
Part of Kushel’s BlackRock ownership is held indirectly through family trusts, including The Kushel Family 2018 Trust and The Kushel Family 2011 Dynasty Trust. These entities appear as indirect owners in the filing, showing how some shares are held on a trust basis.
What does the Form 4 say about restricted stock units held by J. Richard Kushel at BlackRock (BLK)?
The filing explains that Kushel’s reported holdings include restricted stock units vesting over one to three years. Each restricted stock unit will be settled solely in an equal number of BlackRock common shares as those vesting schedules are fulfilled.