MILLS CHERYL D 4

What Happened Cheryl D. Mills, a director of BlackRock, was granted 214 restricted stock units (RSUs) on January 16, 2026. The grant is reported at $0.00 acquisition price but is valued using a per-share reference price of $1,170.18, giving an approximate grant value of $250,418.52. This is an award/compensation grant (not a purchase or sale).

Key Details

• Transaction date: January 16, 2026; Form 4 filed January 21, 2026 (filed 5 days after the grant date).
• Grant: 214 RSUs; reported acquisition price $0.00; reference value used: $1,170.18/share → total ≈ $250,418.52.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: RSUs granted under the 1999 Stock Award and Incentive Plan. They 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 (either lump sum or five equal annual installments).
• Timeliness: Form was filed several days after the transaction date — later than the typical 2-business-day window for insider Form 4s (may warrant note for compliance monitoring).

Context RSU grants to non-employee directors are a routine form of compensation and do not reflect an open‑market purchase or sale. The economic benefit is realized when RSUs settle into shares (per the vesting and settlement terms), and tax withholding or other post‑settlement adjustments may apply at that time.