Form 4: BlackRock Director Pamela Daley Acquires Shares Through Stock Award Plan

BlackRock director Pamela Daley acquired 41 shares of common stock through a stock award plan on December 31, 2024.

Summary

• Pamela Daley, a director at BlackRock, Inc., acquired 41 shares of common stock on December 31, 2024.
• The acquisition was made through the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan.
• The price per share was $1,025.11, which was the closing price of the stock on December 31, 2024.
• Following the transaction, Ms. Daley's total holdings increased to 5,814 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally positive as it shows alignment of interests between directors and shareholders. It is not a major event, but it is a positive indicator.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to stock awards for directors, which is a common practice in publicly traded companies like BlackRock.

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.
• Other asset managers such as T. Rowe Price and Franklin Resources 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, Common Stock, Share Acquisition, Pamela Daley, Incentive Plan