Form 4: BlackRock Director William E. Ford Acquires Shares Through Stock Award

BlackRock director William E. Ford acquired 35 shares of common stock through a stock award on December 31, 2024.

Summary

• William E. Ford, a director at BlackRock, Inc., acquired 35 shares of common stock on December 31, 2024.
• The acquisition was a result of a stock award granted under 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 of BlackRock stock on December 31, 2024.
• Following the transaction, Mr. Ford's total holdings of BlackRock common stock is 16,032 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.

Positives

• The stock award indicates a continued alignment of interests between the director and the company.
• 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 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 stock awards as part of director compensation.

Stakeholder Impact

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

Key Dates

Keywords

BlackRock, stock award, director, William E. Ford, common stock, insider trading, Form 4