BlackRock CII: director Flores Lorenzo received 240.26 shares

What happened The Form 4 filed Oct 5, 2026 reports that Flores Lorenzo, a director, received a grant of 240.26 performance rights (derivative) on Oct 1, 2026 at a reported price of $23.99 per share, for an aggregate value of $5,764. Transaction code: A (award/grant).

Key details

• Transaction date and price: Oct 1, 2026 — 240.26 performance rights @ $23.99 per share; aggregate value $5,764.
• Shares owned after the transaction: not reported in this filing.
• Relevant footnotes: F1 — performance rights accrued under the BlackRock Deferred Compensation Plan; F2 — one performance right is convertible into the cash value of one share; F3 — the performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
• Filing date and timeliness: Form filed Oct 5, 2026; timeliness code not indicated in the provided data.

Why it may matter This was a grant of performance rights (a derivative award) that are convertible to the cash value of equivalent shares and will be settled entirely in cash according to the deferral election. This filing does not show why the insider traded or why the company acted.