BDJ: director Robert Glenn Hubbard received 731.58 shares

What happened Robert Glenn Hubbard, a director, received 731.58 performance rights (derivative award) on Oct 1, 2026. The filing shows an acquisition at $9.44 per share for a total value of $6,906 (transaction code A). Footnotes indicate these are Performance Rights under the BlackRock Deferred Compensation Plan, each convertible into the cash value of one share and to be settled 100% in cash at the deferral period chosen (F1–F3).

Key details

• Transaction date: Oct 1, 2026.
• Transaction type/code: Award/grant (A).
• Price reported: $9.44 per share.
• Shares acquired: 731.58 performance rights (derivative).
• Aggregate value reported: $6,906.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 (accrued under BlackRock Deferred Compensation Plan), F2 (1 Performance Right = cash value of 1 share), F3 (to be settled 100% in cash at deferral).
• Filing date: Oct 5, 2026 (filed within the standard two-business-day reporting window).

Why it may matter

• This filing reports a derivative award of performance rights that will be settled in cash rather than issuance of market-traded shares.
• This filing does not show why the insider traded or why the company acted.