STOCK TITAN

BlackRock (BLK) president Kapito logs share withholding and RSU vesting

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

BlackRock president Robert Kapito reported equity award activity involving BlackRock, Inc. common stock. On January 30, 2026, 10,815 shares were withheld by BlackRock at $1,118.94 per share to cover tax obligations tied to vesting awards. On January 31, 2026, Kapito acquired 15,289 shares at $0 through the vesting of a performance-based Restricted Stock Unit award under BlackRock’s incentive plans. Following these transactions, he directly beneficially owned 218,925.4 shares, which include both common stock and Restricted Stock Units scheduled to vest over one to three years.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KAPITO ROBERT

(Last) (First) (Middle)
BLACKROCK, INC.
50 HUDSON YARDS

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BlackRock, Inc. [ BLK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Shares Of Common Stock (par Value $0.01 Per Share) 01/30/2026 F 10,815(1) D $1,118.94 203,636.4(2) D
Shares Of Common Stock (par Value $0.01 Per Share) 01/31/2026 A 15,289(3) A $0 218,925.4(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
3. Reflects a 2022 BlackRock Performance Incentive Plan award value of $9,750,214 converted to 13,112 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. The award was disclosed in the table on page 59 of BlackRock's 2023 Proxy Statement in the column headed "Long-Term Incentive Award (BPIP)." 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.
/s/ R. Andrew Dickson III as Attorney-in-Fact for Robert Kapito 02/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did BlackRock (BLK) president Robert Kapito report in this Form 4?

Robert Kapito reported tax-related share withholding and equity award vesting in BlackRock common stock. One transaction covered tax obligations, and another delivered shares at no cost from a performance-based Restricted Stock Unit award under BlackRock’s incentive plans.

How many BlackRock (BLK) shares were withheld for taxes from Kapito’s awards?

BlackRock withheld 10,815 shares of common stock from Robert Kapito at $1,118.94 per share. This withholding satisfied tax obligations triggered by the vesting of his previously granted equity awards under BlackRock’s stock award and incentive plan.

How many BlackRock (BLK) shares did Robert Kapito receive from award vesting?

Robert Kapito received 15,289 shares of BlackRock common stock at $0 per share upon vesting of a performance-based Restricted Stock Unit award. The award value was originally set in 2022 under BlackRock’s performance incentive plan and adjusted based on company performance.

What is Robert Kapito’s total direct beneficial ownership of BlackRock (BLK) shares after these transactions?

After the reported transactions, Robert Kapito directly beneficially owned 218,925.4 BlackRock shares. This figure includes both common stock and Restricted Stock Units that are scheduled to vest over one to three years, each unit payable in an equal number of common shares.

How was Robert Kapito’s 2022 BlackRock performance award calculated and adjusted?

The 2022 performance award had a value of $9,750,214, converted into 13,112 Restricted Stock Units using a $743.61 share price. The final vesting reflected 116.6% of the original award, based on performance metrics approved by BlackRock’s Management Development and Compensation Committee.

Over what period will Robert Kapito’s remaining BlackRock Restricted Stock Units vest?

Kapito’s remaining Restricted Stock Units will vest over a period of one to three years. Each unit is payable solely in an equal number of BlackRock common shares, further aligning his compensation with the company’s long-term performance and share price.
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