Form 4: BlackRock Director Kristin C. Peck Acquires Shares Through Stock Award

BlackRock director Kristin C. Peck acquired 28 shares of common stock through a stock award on December 31, 2024.

Summary

• Kristin C. Peck, 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.
• The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively by investors.

Positives

• The stock award aligns director interests with shareholder value.
• The grant is part of a pre-existing compensation plan.

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 valuation of the stock at the closing price on the grant date is standard practice.
• Other financial institutions such as State Street and Vanguard also use similar stock award plans for their directors.

Stakeholder Impact

• The stock award has a minor positive impact on director alignment with shareholder interests.

Key Dates

Keywords

BlackRock, Director, Stock Award, Form 4, SEC Filing, Equity, Kristin C. Peck, Compensation