BlackRock, Inc. SEC Filings

BlackRock, Inc. filed an amended Schedule 13G showing beneficial ownership of 9,824,389 shares of iShares Global Healthcare ETF common stock, representing 21.2% of the class as of the event date of 12/31/2025. BlackRock reports sole power to vote and dispose of all 9,824,389 shares, with no shared voting or dispositive power.

The filing explains that the position reflects securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units, and excludes other disaggregated units. It also notes that another holder, iShares Global Healthcare ETF (Aust), has an interest in more than five percent of the ETF’s outstanding common stock. BlackRock certifies the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 1,898,380 shares of common stock of ISHARES INDIA 50 ETF, representing 14.5% of the class as of 12/31/2025. BlackRock reports sole power to vote and dispose of all these shares, with no shared voting or dispositive power. The filing notes that the position reflects holdings of certain BlackRock business units and excludes other disaggregated units. It also states that the interest of one holder, iShares India Index ETF, in the common stock of ISHARES INDIA 50 ETF exceeds five percent. BlackRock certifies that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

BlackRock, Inc. has filed a beneficial ownership report for iShares GNMA Bond ETF. As of 12/31/2025, BlackRock reports beneficial ownership of 547,788 shares of the ETF’s common stock, representing 6.1% of the outstanding class. BlackRock has sole power to vote and dispose of all of these shares, with no shared voting or dispositive power.

The holding reflects securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units, and excludes other business units that are disaggregated under SEC rules. The filing notes that another person, iShares Yield Optimized Bond ETF, has an interest in the iShares GNMA Bond ETF common stock of more than five percent. BlackRock certifies that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

BlackRock, Inc. has filed an amended Schedule 13G reporting its beneficial ownership in iShares Core Universal USD Bond ETF as of 12/31/2025. BlackRock reports beneficial ownership of 61,099,887 shares of the ETF’s common stock, representing 8.3% of the outstanding class.

BlackRock states it has sole power to vote and dispose of all 61,099,887 shares, with no shared voting or dispositive power. The filing clarifies that various underlying persons have rights to dividends or sale proceeds from these shares, but no single person has an interest in more than five percent of the ETF’s outstanding common shares. BlackRock also certifies that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

An insider has filed a notice of proposed sale of 27,047 shares of common stock, to be sold through Merrill Lynch, Pierce, Fenner & Smith Inc. on the NYSE. The filing lists an aggregate market value for these shares of 31,675,638.98, against a total of 163,138,922 shares outstanding for the issuer. The shares to be sold were acquired on 01/16/2026 via the exercise of employee stock options, with payment described as an option exercise on the same date. The document also notes that Martin Small sold 1,258 common shares on 12/01/2025, generating 1,311,263.72 in gross proceeds. By signing, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s operations.

BlackRock, Inc. reported that its board’s Management Development and Compensation Committee has adopted a new carry-based incentive plan called the Executive Carry Program (ECP) for selected senior executives other than the Chief Executive Officer. Under the ECP, eligible executives may receive a percentage of future carry distributions from a pool of BlackRock’s flagship private markets funds across asset classes such as infrastructure, private debt, private equity and real estate.

The awards are entirely pay-for-performance, providing no value at grant and paying out only if the underlying funds generate carry distributions based on specified long-term performance returns. Awards are granted through an aggregator partnership and exclude any carry value accrued before the grant date. Each award vests over five years with no vesting until the third anniversary, then one-third vesting on each of the third, fourth and fifth anniversaries, subject to continued service and restrictive covenants.

Unvested awards are generally forfeited upon termination, with limited continued vesting or acceleration in cases such as involuntary termination without cause, qualified retirement, death or disability. The program also incorporates holdback and clawback features tied to ultimate fund performance and BlackRock’s existing clawback and recoupment policies.

BlackRock, Inc. filed a current report to note that it has reported results of operations for the three months and year ended December 31, 2025. The company issued an earnings release, which is included as Exhibit 99.1.

The filing also explains that BlackRock will hold an investor conference call and webcast on January 15, 2026 to discuss these earnings results, using supplemental materials furnished as Exhibit 99.2. The report is signed on behalf of the company by its Chief Financial Officer, Martin S. Small.

BlackRock, Inc. reported an equity award to one of its directors. On December 31, 2025, a nonemployee director received 33 shares of BlackRock common stock, with a par value of $0.01 per share. The award was granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan and was valued for grant purposes at $1,070.34 per share, which was the closing stock price on that date.

After this stock grant, the reporting person beneficially owns 1,862 shares of BlackRock common stock, held in direct ownership. The transaction is reported as an acquisition of shares at a price of $0, reflecting that it was an equity compensation grant rather than a market purchase.

BlackRock, Inc. director Charles H. Robbins reported a stock grant of 27 common shares. The Form 4 shows that on December 31, 2025, he acquired 27 shares of BlackRock common stock at a price of $0, reflecting an award rather than a purchase. After this grant, he beneficially owned 2,847 BlackRock shares in direct ownership form.

The shares were granted to him as a nonemployee director under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan, with the award value based on a share price of $1,070.34, which was the stock’s closing price on December 31, 2025.