Daley Pamela 4
Research Summary
AI-generated summary
BlackRock (BLK) Director Pamela Daley Receives RSU Award (214 Shares)
What Happened
Pamela Daley, a director of BlackRock, was granted 214 restricted stock units (RSUs) on January 16, 2026. The award shows an acquisition price of $0 (typical for RSU grants); the RSUs were valued at $1,170.18 per share (average of the high and low on Jan 16), implying a grant value of approximately $250,418.52. This is an award (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-16; Form 4 filed: 2026-01-21 (filed 5 days after the grant; appears late relative to the usual 2-business-day Form 4 deadline).
- Award: 214 RSUs; per-share valuation used in footnote: $1,170.18; implied total value ≈ $250,418.52.
- Acquisition price reported: $0.00 (standard for granted RSUs).
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote highlights: RSUs granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan for non-employee directors; RSUs vest upon the director’s election or re-election at the 2026 Annual Meeting and will be settled in shares on the third anniversary of the grant unless the director elects earlier settlement upon leaving the Board (lump sum or five equal annual installments).
Context
RSU awards to directors are common compensation and are different from open-market buys or insider sales; they do not necessarily reflect a personal buy/sell decision about the stock. These RSUs will convert to shares only after vesting/settlement as described in the footnote. The Form 4 filing date is later than the typical 2-business-day reporting window, which is noted for transparency.