Form 4: BlackRock COO Gifts Shares to Family Trust
Insider Transaction Report
BlackRock Chief Operating Officer Robert L. Goldstein gifted 8,634 shares of common stock to a family trust.
Summary
- Robert L. Goldstein, BlackRock's Chief Operating Officer, reported a gift transaction of common stock.
- On February 13, 2026, Goldstein directly disposed of 8,634 shares of BlackRock common stock.
- Concurrently, 8,634 shares were indirectly acquired by the 2026 Family Trust, with a transaction price of $0 per share.
- Following this transaction, Goldstein directly beneficially owns 37,551.44 shares, which includes common stock and Restricted Stock Units that will vest over a period of 1 to 3 years.
- Indirect beneficial ownership includes 8,634 shares by the 2026 Family Trust and 9,435 shares by the 2022 Family Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. A gift transaction is a routine insider disclosure for estate planning and does not inherently indicate positive or negative sentiment towards the company's operational performance or stock value.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding BlackRock's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider gift transactions, such as this one, are common for high-level executives for estate planning purposes and typically do not reflect a change in the company's operational or financial performance, nor do they signal a specific market outlook.
Related Party Transactions
- Robert L. Goldstein, Chief Operating Officer, gifted 8,634 shares of common stock to the 2026 Family Trust, which is considered a related party transaction.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a transfer of ownership within a related party, not a sale into the open market.
- Robert L. Goldstein: Changes direct beneficial ownership while maintaining indirect beneficial ownership through a family trust.
Key Dates
| Date | Description |
|---|---|
| 02/13/2026 | Date of transaction where shares were gifted. |
| 02/18/2026 | Date the Form 4 was signed and filed. |
Keywords
BlackRock, BLK, Insider Transaction, Form 4, Stock Gift, Robert L. Goldstein, Chief Operating Officer, Family Trust
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