STOCK TITAN

BlackRock (NYSE: BLK) COO exercises options, sells shares in market trades

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

Rhea-AI Filing Summary

BlackRock, Inc.’s Chief Operating Officer Robert L. Goldstein reported a major equity transaction involving company stock. On February 10, 2026, he exercised 54,190 employee stock options at an exercise price of $513.50 per share, converting them into an equal number of common shares.

Over February 10 and 11, 2026, he then executed a series of open-market sales of BlackRock common stock in multiple trades, with individual sale sizes ranging from 118 to 18,046 shares at weighted average prices between $1,083.1083 and $1,091.9977 per share. After these sales, he directly beneficially owned 46,185.44 shares, and indirectly held 9,435 shares through a 2022 Family Trust, with the direct figure including common stock and restricted stock units that vest over one to three years.

Positive

  • None.

Negative

  • None.
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*
Goldstein Robert L.

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
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) 02/10/2026 M 54,190 A $513.5 105,668.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 3,839 D $1,084.0607(2) 101,829.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 5,924 D $1,085.1038(3) 95,905.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 8,992 D $1,085.9686(4) 86,913.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 5,608 D $1,087.0518(5) 81,305.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 18,046 D $1,088.0011(6) 63,259.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 8,708 D $1,088.9967(7) 54,551.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 1,215 D $1,089.9305(8) 53,336.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 1,740 D $1,091.3418(9) 51,596.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/10/2026 S 118 D $1,091.9977(10) 51,478.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/11/2026 S 2,364 D $1,083.1083(11) 49,114.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/11/2026 S 911 D $1,083.9577(12) 48,203.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/11/2026 S 478 D $1,085.0947(13) 47,725.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 02/11/2026 S 1,540 D $1,085.8187(14) 46,185.44(1) D
Shares Of Common Stock (par Value $0.01 Per Share) 9,435 I By 2022 Family Trust
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
Employee Stock Option (Right to Buy) $513.5 02/10/2026 M 54,190 (15) 12/04/2026 Common Stock 54,190 $0 0 D
Explanation of Responses:
1. 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.
2. This transaction was executed in multiple trades at prices ranging from $1,083.52 to $1,084.52. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
3. This transaction was executed in multiple trades at prices ranging from $1,084.58 to $1,085.57. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
4. This transaction was executed in multiple trades at prices ranging from $1,085.58 to $1,086.58. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
5. This transaction was executed in multiple trades at prices ranging from $1,086.60 to $1,087.59. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
6. This transaction was executed in multiple trades at prices ranging from $1,087.60 to $1,088.60. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
7. This transaction was executed in multiple trades at prices ranging from $1,088.61 to $1,089.59. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
8. This transaction was executed in multiple trades at prices ranging from $1,089.64 to $1,090.61. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
9. This transaction was executed in multiple trades at prices ranging from $1,090.93 to $1,091.92. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
10. This transaction was executed in multiple trades at prices ranging from $1,091.99 to $1,092.00. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
11. This transaction was executed in multiple trades at prices ranging from $1,082.35 to $1,083.35. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
12. This transaction was executed in multiple trades at prices ranging from $1,083.38 to $1,084.37. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
13. This transaction was executed in multiple trades at prices ranging from $1,084.53 to $1,085.51. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
14. This transaction was executed in multiple trades at prices ranging from $1,085.55 to $1,086.35. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
15. These options vested in equal installments on December 4, 2022, December 4, 2023 and December 4, 2024.
/s/ R. Andrew Dickson III as Attorney-in-Fact for Robert L. Goldstein 02/12/2026
** 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 insider transaction did BlackRock (BLK) COO Robert L. Goldstein report?

Robert L. Goldstein reported exercising 54,190 employee stock options and converting them into BlackRock common shares, then selling portions of those shares in multiple open-market trades on February 10 and 11, 2026, at prices slightly above $1,083 per share.

At what price did BlackRock’s COO exercise his stock options in this Form 4?

He exercised 54,190 employee stock options at an exercise price of $513.50 per share. These options converted into an equal number of BlackRock common shares before he executed subsequent open-market sales on February 10 and 11, 2026, at substantially higher trading prices.

What were the sale price ranges for Robert L. Goldstein’s BlackRock (BLK) share sales?

His reported open-market sales were executed at weighted average prices ranging from $1,083.1083 to $1,091.9977 per share. Each price reflects multiple individual trades within narrow intraday ranges, as disclosed in the detailed footnotes accompanying the Form 4 filing.

How many BlackRock shares does the COO hold after the reported transactions?

Following the reported transactions, Robert L. Goldstein beneficially owned 46,185.44 BlackRock common shares directly and 9,435 shares indirectly through a 2022 Family Trust. The direct amount includes common stock and restricted stock units that will vest over one to three years.

What type of derivative security did BlackRock’s COO exercise in this filing?

He exercised employee stock options, described as an “Employee Stock Option (Right to Buy)” covering 54,190 BlackRock common shares. These options, which vested in three annual installments ending December 4, 2024, were exercised on February 10, 2026, at an exercise price of $513.50 per share.

Does the Form 4 note any indirect ownership for BlackRock (BLK) COO Robert L. Goldstein?

Yes. In addition to his direct holdings, the Form 4 reports that 9,435 BlackRock common shares are held indirectly “By 2022 Family Trust.” This indirect line is disclosed separately from his directly owned shares and is classified under indirect beneficial ownership.
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