BlackRock president Kapito reports equity award vesting
BlackRock president Robert Kapito reported equity award activity involving BlackRock, Inc. common stock.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares Of Common Stock (par Value $0.01 Per Share) | 15,289 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Shares Of Common Stock (par Value $0.01 Per Share) | 10,815 | $1,118.94 | $12.10M |
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 $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.
FAQ
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What did BlackRock (BLK) president Robert Kapito report in this Form 4?
How was Robert Kapito’s 2022 BlackRock performance award calculated and adjusted?
Over what period will Robert Kapito’s remaining BlackRock Restricted Stock Units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.