Form 4: BlackRock Director Amin H. Nasser Acquires Shares Through Stock Award

BlackRock director Amin H. Nasser acquired 28 shares of common stock through a stock award on December 31, 2024.

Summary

• Amin H. Nasser, a director at BlackRock, Inc., acquired 28 shares of common stock on December 31, 2024.
• The shares were granted as part of the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan.
• The stock was valued at $1,025.11 per share, which was the closing price on December 31, 2024.
• Following the transaction, Mr. Nasser directly owns 485 shares and indirectly owns 142 shares through a family trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. It indicates alignment of interests between the director and the company.

Positives

• The stock award indicates continued alignment of director interests with company performance.
• The acquisition increases the director's stake in the company.

Industry Context

This is a routine filing related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Stock awards are a common form of compensation for directors in publicly traded companies.
• The value of the award is based on the closing price of the stock on the grant date, which is standard practice.
• Many companies such as State Street, Invesco, and T. Rowe Price also use stock awards as part of their director compensation packages.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

BlackRock, Director, Stock Award, Share Acquisition, Amin H. Nasser, BLK, Equity, Beneficial Ownership