Form 4: BlackRock Executive J. Richard Kushel Reports Stock Sale

Senior Managing Director J. Richard Kushel of BlackRock, Inc. reports the sale of 430 shares of common stock on February 28, 2025.

Summary

• J. Richard Kushel, a Senior Managing Director at BlackRock, Inc., filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on February 28, 2025.
• Kushel sold 430 shares of BlackRock common stock at a price of $949.37 per share.
• Following the transaction, Kushel directly owns 68,034.34 shares of common stock, including restricted stock units vesting over 1-3 years.
• Kushel also indirectly owns shares through various family trusts, including The Kushel Family 2018 Trust (3,720 shares), and other family trusts (28,153 shares).
• The filing was signed by R. Andrew Dickson III as Attorney-in-Fact for J. Richard Kushel on March 4, 2025.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard SEC filing reporting a stock sale.

Industry Context

This is a routine disclosure of stock transactions by a company executive, as required by SEC regulations.

Stakeholder Impact

• The stock sale by a senior executive could have a minor psychological impact on shareholders, but is unlikely to have a significant material impact.

Key Dates