Stephen Cohen - 16 Jan 2025 Form 4 Insider Report for BlackRock, Inc. (BLK)

Role
Senior Managing Director
Signature
/s/ Robert Andrew Dickson III as Attorney-in-Fact for Stephen Cohen
Issuer symbol
BLK
Transactions as of
16 Jan 2025
Transactions value $
$0
Form type
4
Filing time
17 Jan 2025, 18:50:53 UTC
Previous filing
14 Feb 2024
Next filing
04 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLK Shares Of Common Stock (par Value $0.01 Per Share) Award $0 +1.03K +23.12% $0.00 5.46K 16 Jan 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an award value of $1,025,000 converted to a number of Restricted Stock Units by dividing the approved award value by $999.36, which was the average of the high and low price per share of Common Stock on January 16, 2025. This grant was approved by the Management Development and Compensation Committee on January 14, 2025. Restricted Stock Units vest in equal installments on 1/31/26, 1/31/27 and 1/31/28.
F2 Includes Common Stock as well as Restricted Stock Units that 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.

Remarks:

On October 1, 2024, BlackRock, Inc. (formerly known as BlackRock Funding, Inc.) became the successor issuer to BlackRock Finance, Inc. (formerly known as BlackRock, Inc.) pursuant to certain previously announced transactions, including an internal reorganization. The reorganization resulted in BlackRock, Inc. (formerly known as BlackRock Funding, Inc.) becoming the parent holding company of BlackRock Finance, Inc. (formerly known as BlackRock, Inc.) but did not alter the proportionate interests of former BlackRock, Inc. security holders.