Murphy Kathleen 4

What Happened

• Kathleen Murphy, a member of BlackRock’s Board of Directors, was granted 214 restricted stock units (RSUs) on 2026-01-16 (transaction code A). The grant was reported with $0.00 cash consideration; the award was valued using the average share price of $1,170.18 on Jan 16, 2026, implying an aggregate value of approximately $250,418.52.
• This is a compensation award (not a market purchase or sale) for a non-employee director and is typically routine director pay rather than an immediate purchase or sale of shares.

Key Details

• Transaction date and price: 2026-01-16; reported consideration $0.00; valuation basis $1,170.18 per share.
• Shares granted: 214 RSUs (approx. $250,418.52 total).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: RSUs granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. Vesting occurs upon the director’s election or re‑election at the 2026 Annual Meeting and, unless an earlier election applies, will be settled in shares on the third anniversary of the grant (or upon cessation of board service, either in a lump sum or five equal annual installments).
• Filing timeliness: Form filed 2026-01-21 for a 2026-01-16 transaction (filed one business day late given the 2-business-day Form 4 rule).

Context

• RSUs are deferred equity awards that convert into shares on the settlement date and do not represent immediate share ownership or a sale. Grants to non-employee directors are common as part of board compensation and should be viewed as routine disclosures rather than direct buy/sell signals.