Johnson Margaret L 4

What Happened
Margaret L. Johnson, a member of BlackRock's Board of Directors, was granted 214 restricted stock units (RSUs) on January 16, 2026. The Form 4 reports an acquisition at $0.00 cash cost (typical for RSU grants). The company values the grant based on an average share price of $1,170.18 on Jan 16, 2026, implying a grant value of roughly $250,418.52.

Key Details

• Transaction date: 2026-01-16; Form 4 filed: 2026-01-21 (filed within the SEC’s 2-business-day window for this trade date, accounting for the Martin Luther King Jr. holiday).
• Reported grant: 214 RSUs; reported cash consideration: $0.00.
• Grant valuation basis: $1,170.18 per share (average of high and low on 1/16/2026) → ~ $250,418.52 total.
• 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. Vest upon the director’s election or re-election at the 2026 Annual Meeting. RSUs will be settled in shares on the third anniversary of the grant unless the director elects settlement upon departure (either lump sum or five equal annual installments).
• No 10b5-1 trading plan, tax-withholding sale, or other special conditions were disclosed in the filing.

Context
This is a standard director compensation grant (an award of RSUs), not an open-market purchase or sale. Such grants are routine for non-employee directors and are typically used to align long-term interests with shareholders; they do not by themselves indicate a buy/sell signal.