Freda Fabrizio 4

What Happened

• Freda Fabrizio, a member of BlackRock's Board of Directors, was granted 214 restricted stock units (RSUs) on January 16, 2026 (transaction reported on Form 4). The Form 4 shows an acquisition price of $0.00 (code A for award); the company used an average per-share price of $1,170.18 to value the grant, making the award worth approximately $250,418.52.

Key Details

• Transaction date: 2026-01-16 (Form 4 filed 2026-01-21; filing is within the SEC’s two-business-day rule given the Jan 19 federal holiday).
• Reported acquisition price: $0.00 (award/grant). Implied grant value: $1,170.18 per share × 214 shares ≈ $250,418.52.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: 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/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 (either lump sum or five equal annual installments).
• Transaction code: A (award/grant).

Context

• Grants of RSUs to non-employee directors are a common form of board compensation and increase insider ownership over time through vesting/settlement; they do not represent an open-market purchase or sale. This transaction is informational (compensation disclosure) rather than directional market activity like a buy or sell.