BlackRock unit trims York Space Systems (YSS) stake with 661,999-share sale
Rhea-AI Filing Summary
BlackRock Portfolio Management LLC, reporting as a ten percent owner of York Space Systems Inc., disclosed indirect open-market sales totaling 661,999 shares of common stock on August 4–5, 2026. One block sold at $13.49 per share; other blocks used weighted average prices with individual trades ranging from $14.28 to $16.00 per share. The shares are held across numerous advised funds and accounts, for which BlackRock and related entities disclaim beneficial ownership beyond their pecuniary interests.
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Insights
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Insider Trade Summary
Net Seller: 661,999 shares
Net Sell
4 txns
Insider
BlackRock Portfolio Management LLC
Role
10% Owner
Sold
661,999 shs ($10.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 116,162 | $13.49 | $1.57M |
| Sale | Common Stock F6, F1, F2, F3 | 11,784 | $15.28 | $180K |
| Sale | Common Stock F4, F1, F2, F3 | 77,743 | $15.02 | $1.17M |
| Sale | Common Stock F5, F1, F2, F3 | 456,310 | $15.58 | $7.11M |
Holdings After Transaction:
Common Stock — 16,931,394 shares (Indirect, See footnotes)
Footnotes (6)
- F1. Represents shares of the Issuer's common stock held by the following funds and accounts under management by certain subsidiaries of BlackRock, Inc.: BlackRock Private Equity Co-Investments, 2021 Aggregator Cayman Ltd., BlackRock Growth Equity Fund Master Cayman Aggregator Ltd., BR POF IV CAYMAN MASTER FUND, L.P., BlackRock Private Opportunities Fund IV, L.P., BlackRock Private Opportunities Fund IV Master SCSp, TSCL Private Markets Cayman Fund Ltd., 1885 Private Opportunities Cayman Fund, Ltd., Heathrow Forest Opportunities Fund, L.P., Lincoln Pension Private Equity BR, L.P., NHRS Private Opportunities Fund, L.P., NDSIB Private Opportunities Fund Cayman Ltd., Mutual of Omaha OF Cayman, Ltd., BlackRock ERI Private Opportunities Master SCSp, Sullivan Way POF Cayman, Ltd, Total Alternatives Fund - Private Equity (B) LP, Total Alternatives Fund - Private Equity LP, 1824 Private Equity Fund, L.P., Tango Capital Opportunities Fund, L.P., BlackRock Private Investments Fund,
- F2. OV Private Opportunities Cayman, Ltd., SONJ Opportunities Cayman, Ltd., Red River Direct Investment Fund III, L.P., MB BlackRock Holdings Cayman Ltd. and certain other funds and accounts managed by BlackRock Financial Management, Inc., BlackRock Institutional Trust Company, National Association, BlackRock Investment Management (UK) Limited and BlackRock Investment Management, LLC (collectively, the "Advised Funds and Accounts"). Each of BlackRock Portfolio Management LLC, the Advised Funds and Accounts and their respective direct or indirect managers, general partners and portfolio managers who share voting and investment power over the shares held by the Advised Funds and Accounts expressly disclaim beneficial ownership of the shares of common stock held by the Advised Funds and Accounts, except to the extent of their pecuniary interest therein,
- F3. and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purposes.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.28 to $15.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.28 to $16.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.31, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Key Figures
Total shares sold: 661,999 shares
Largest single block: 456,310 shares
Sale prices: $13.49 to $15.58 per share
+1 more
4 metrics
Total shares sold
661,999 shares
Aggregate York Space Systems common shares sold on August 4–5, 2026
Largest single block
456,310 shares
Indirect sale of common stock on 2026-08-04
Sale prices
$13.49 to $15.58 per share
Per-share or weighted average prices reported across four sale tranches
Number of transactions
4
Reported non-derivative common stock sale transactions by BlackRock Portfolio Management LLC
Key Terms
beneficial ownership, pecuniary interest, weighted average price, Advised Funds and Accounts
4 terms
beneficial ownership financial
"expressly disclaim beneficial ownership of the shares of common stock held"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of their pecuniary interest therein"
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Advised Funds and Accounts financial
"and BlackRock Investment Management, LLC (collectively, the "Advised Funds and Accounts")"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BlackRock Portfolio Management LLC report for York Space Systems (YSS)?
BlackRock Portfolio Management LLC reported selling 661,999 shares of York Space Systems common stock in open-market transactions. All sales were reported as indirect holdings through various advised funds and accounts rather than directly by the BlackRock entity itself.
Does this Form 4 show York Space Systems (YSS) trades under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not state that these trades were made under such a plan. The sales are therefore not reported as pursuant to a Rule 10b5-1 trading arrangement.
What is BlackRock Portfolio Management LLC’s status relative to York Space Systems (YSS)?
BlackRock Portfolio Management LLC is identified as a ten percent owner of York Space Systems. The reported position reflects securities beneficially owned or deemed beneficially owned by certain BlackRock business units, with ownership of other units disaggregated under an SEC interpretive release.
How many separate sale transactions did BlackRock’s unit report for York Space Systems (YSS)?
The filing lists four separate non-derivative sale transactions in York Space Systems common stock. These include blocks such as 456,310 shares and 77,743 shares, all reported as indirect holdings and executed at specified per-share or weighted average prices.