Form 4: BlackRock Executive Stephen Cohen Reports Stock Transactions
SEC Form 4 Filing
Senior Managing Director Stephen Cohen reports acquisition and disposal of BlackRock common stock and restricted stock units on January 31, 2025.
Summary
- Stephen Cohen, a Senior Managing Director at BlackRock, filed a Form 4 detailing changes in beneficial ownership of BlackRock stock.
- On January 31, 2025, Cohen acquired 383 shares of common stock.
- Also on January 31, 2025, Cohen disposed of 656 shares of common stock to satisfy tax obligations related to vesting awards.
- The disposal price was $1,071.52 per share.
- Cohen's total holdings after these transactions include 5,846 shares of common stock and restricted stock units.
- The reported transactions also involve restricted stock units that will vest over 1 to 3 years, each payable by delivery of an equal number of shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| January 18, 2022 | Date used to determine the value of the 2021 BlackRock Performance Incentive Plan award, with an average share price of $832.07. |
| January 31, 2025 | Date of the reported stock acquisition and disposal transactions. |
| February 04, 2025 | Date of the Form 4 filing. |
Keywords
BlackRock, Stephen Cohen, Form 4, Stock Transactions, Beneficial Ownership, Restricted Stock Units, BLK
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