BlackRock (NYSE: BLK) director gets 214 restricted stock units
Rhea-AI Filing Summary
BlackRock director Pamela Daley reported a stock-based award. On 01/16/2026 she acquired 214 restricted stock units tied to BlackRock common stock at a stated price of $1,170.18 per share used for the grant calculation, with no cash paid per share on the award date.
The restricted stock units were granted under BlackRock’s 1999 Stock Award and Incentive Plan for non-employee directors. They vest upon her election or re-election at the 2026 Annual Meeting of Shareholders and will be settled in shares of common stock on the third anniversary of the grant date, unless she elects settlement when she leaves the Board. After this grant, she beneficially owned 6,433 shares directly.
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FAQ
What did BlackRock (BLK) director Pamela Daley report on this Form 4?
The Form 4 reports that director Pamela Daley acquired 214 restricted stock units tied to BlackRock common stock on 01/16/2026, as part of her non-employee director compensation.
How many BlackRock shares does Pamela Daley beneficially own after this transaction?
Following the reported grant, Pamela Daley beneficially owned 6,433 shares of BlackRock common stock in direct ownership.
What is the reference price used for Pamela Daleys BlackRock restricted stock unit grant?
The restricted stock units were based on $1,170.18 per share, described as the average of the high and low price per share of BlackRock common stock on January 16, 2026.
When do Pamela Daleys BlackRock restricted stock units vest and settle?
The restricted stock units vest upon her election or re-election at the 2026 Annual Meeting of Shareholders and will be settled in shares of common stock on the third anniversary of the grant date, unless she elects settlement when she ceases to be a Board member.
Can Pamela Daley defer settlement of her BlackRock restricted stock units?
Yes. The filing states she may elect to receive settlement of the shares on the date she ceases to be a Board member, either in a lump sum or in five equal annual installments, instead of on the third anniversary of grant.
Was this BlackRock Form 4 filed for a purchase on the open market?
No. The filing describes the transaction as restricted stock units granted to a non-employee director under the companys stock award and incentive plan, with a reported per-share value but no cash price paid per share at grant.