Form 4: Laurence Fink, BlackRock CEO, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Laurence Fink, Chairman and CEO of BlackRock, reports the acquisition and disposal of BlackRock common stock on January 31, 2025, according to a Form 4 filing with the SEC.
Summary
- Laurence Fink, Chairman and CEO of BlackRock, filed a Form 4 with the SEC on February 4, 2025.
- The filing reports transactions that occurred on January 31, 2025.
- Fink acquired 9,509 shares of BlackRock common stock related to a 2021 Performance Incentive Plan award.
- These shares were valued at $0.
- He also disposed of 8,418 shares to cover tax obligations at a price of $1,071.52 per share.
- Following these transactions, Fink beneficially owns 312,104 shares of common stock and restricted stock units, and then 303,686 shares of common stock and restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting stock transactions. There's no inherent positive or negative implication.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates changes in Laurence Fink's holdings of BlackRock stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of BlackRock's CEO.
Key Dates
| Date | Description |
|---|---|
| 01/18/2022 | Date used to calculate the value of Restricted Stock Units, using an average share price of $832.07. |
| 01/31/2025 | Date of the reported transactions: acquisition and disposal of BlackRock common stock. |
| 02/04/2025 | Date of the Form 4 filing. |
Keywords
BlackRock, Laurence Fink, Form 4, Beneficial Ownership, BLK, SEC Filing, Stock Transactions, Restricted Stock Units, Performance Incentive Plan, Tax Obligations
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.