Form 4: BlackRock Director Susan Wagner Gifts 90 Shares

BlackRock Director Susan Wagner reported gifting 90 shares of common stock, reducing her direct beneficial ownership to 427,757 shares.

Summary

• Susan Wagner, a Director of BlackRock, Inc. (BLK), reported a disposition of 90 shares of common stock.
• The transaction occurred on July 24, 2025, and was classified as a gift (Transaction Code 'G').
• The shares were disposed of at a price of $0 per share.
• Following this transaction, Ms. Wagner's direct beneficial ownership of BlackRock common stock stands at 427,757 shares.

Sentiment

Score: 6

Explanation: The filing reports a gift of shares by a director, which is a routine insider transaction and does not reflect negatively on the company's operational performance or financial health. It represents a minor change in direct beneficial ownership.

Positives

• The transaction is a gift, indicating no cash sale by the director.

Negatives

• A reduction in direct beneficial ownership by a director, though for a small number of shares and as a gift, represents a slight decrease in insider holdings.

Industry Context

This filing is a routine disclosure of an insider transaction, common across all publicly traded companies, and does not provide broader industry context for asset management or financial services.

Stakeholder Impact

• Shareholders: Minor impact due to a very small change in director's direct ownership.
• Reporting Person: Reduction in direct beneficial ownership of BlackRock shares.

Key Dates

Keywords

BlackRock, BLK, Susan Wagner, SEC Form 4, insider transaction, stock gift, director ownership, beneficial ownership, equity disposition