[Form 4] Blackrock, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Quantum Computing Inc. (QUBT) filed Form 3 on 07/02/2025. The initial statement of beneficial ownership identifies Christopher Bruce Roberts, recently designated as Chief Financial Officer and General Counsel, as a Section 16 insider. Roberts directly holds 725,000 shares of common stock. He also controls 400,000 fully-vested stock options that were granted on 04/26/2021 at an exercise price of $6.85 and expire on 04/25/2026.

The filing reflects a baseline disclosure rather than a new transaction; no purchases or sales are reported. For shareholders, the information highlights management’s equity stake and the potential for future share issuance if the options are exercised.

Positive

• Executive alignment: CFO & General Counsel holds 725,000 common shares and 400,000 fully-vested options, indicating a significant personal stake in QUBT.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider baseline—725k shares, 400k vested options; no transaction, neutral impact but shows executive alignment.

The Form 3 merely registers Mr. Roberts as a reporting insider. His direct ownership of 725,000 shares and fully-vested options equating to 400,000 additional shares signals meaningful participation in the company’s equity, which can align his interests with shareholders. However, because there is no purchase, sale, or new grant, the disclosure is informational rather than catalytic. The $6.85 strike price and 2026 expiry define the dilution ceiling should the options be exercised. Overall, the impact on valuation or near-term trading is minimal.

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^*

Johnson Margaret L

(Last) (First) (Middle)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

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
Common Stock	06/30/2025		A		34(1)	A	$0	2,983	D
Common Stock								836	I	By 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

Explanation of Responses:

1. Common Stock granted to Nonemployee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan, based on $1,049.25 per share which was the closing price of the stock on June 30, 2025.

	/s/ R. Andrew Dickson III as Attorney-in-Fact for Margaret L. Johnson	07/02/2025
	** 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

How many QUBT shares does CFO Christopher Roberts own?

He directly owns 725,000 common shares of Quantum Computing Inc.

What options were disclosed in QUBT's Form 3?

Roberts holds 400,000 fully-vested stock options with a $6.85 exercise price, expiring 04/25/2026.

When was the event triggering the Form 3 filing for QUBT?

The event date requiring the statement was 06/20/2025.

Does the Form 3 indicate any recent insider purchase or sale?

No. The filing establishes baseline ownership; it reports no new transactions.

Why is Form 3 important to QUBT investors?

It provides the initial disclosure of insider holdings, helping investors gauge management’s equity alignment.