Form 4: BlackRock Director Kristin Peck Acquires Shares
Statement of Changes in Beneficial Ownership
BlackRock Director Kristin C. Peck acquired 2,028 shares of common stock through a grant under the company's 1999 Stock Award and Incentive Plan.
Summary
- Kristin C. Peck, a Director at BlackRock, Inc., acquired 2,028 shares of common stock.
- The acquisition occurred on March 31, 2026, as part of the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan for non-employee directors.
- The shares were granted based on a per-share price of $961.71, which was the closing price of BlackRock's stock on the grant date.
- Following this transaction, Ms. Peck beneficially owns 2,028 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock grant to a director under an existing plan and does not indicate new strategic developments or significant financial performance changes.
Positives
- Director acquisition of company stock can signal confidence in the company's future prospects.
- The grant was based on the closing stock price on the transaction date, aligning director compensation with market value.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that director stock grants are a common form of compensation in the asset management industry, aligning executive interests with shareholder value. BlackRock's practice of granting shares based on the closing price reflects standard industry compensation structures.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Stock Award Plan | Grant of common stock to Non-employee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. | 03/31/2026 | Standard compensation practice for directors, aligning incentives with company performance. |
Stakeholder Impact
- Shareholders: The acquisition by a director may be viewed positively as a sign of confidence in the company's future, though it is part of a standard compensation package.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Transaction Date for acquisition of common stock by Kristin C. Peck. |
| 04/02/2026 | Date of signature for the Form 4 filing. |
Keywords
BlackRock, BLK, Director, Stock Award, Incentive Plan, Beneficial Ownership, Form 4, SEC Filing
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