GERBER MURRY 4
Research Summary
AI-generated summary
BlackRock (BLK) Director Gerber Murry Receives RSU Award
What Happened
Gerber Murry, a member of BlackRock's Board of Directors, was granted 214 restricted stock units (RSUs) on January 16, 2026. The grant is reported at an acquisition price of $0 but is valued using the average share price of $1,170.18 on that date, totaling roughly $250,419. This was an award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-16; filing date: 2026-01-21 (filed five days after the transaction). Form 4s are typically due within two business days, so this filing appears late.
- Reported acquisition: 214 RSUs @ $0.00 acquisition price; valued at $1,170.18 per share (average of high/low on 1/16/2026). Total implied value ≈ $250,419.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: RSUs granted under BlackRock’s 1999 Stock Award and Incentive Plan for non-employee directors. Vesting is tied to the director’s election or re-election at the 2026 Annual Meeting. Settlement will occur in shares on the third anniversary of the grant unless the director elects to receive settlement upon leaving the Board (either lump sum or five equal annual installments).
Context: This is a standard director compensation grant (award of RSUs). It is not a market buy or sell and therefore does not directly signal an insider trading view; it simply represents equity compensation that vests per the terms above.