WILSON MARK A 4
Research Summary
AI-generated summary
BlackRock (BLK) Director Mark A. Wilson Receives RSU Award
What Happened
- Mark A. Wilson, a director of BlackRock, was granted 214 restricted stock units (RSUs) on January 16, 2026. The Form 4 shows an acquisition (award) with a $0 cash price; the grant value is based on an average share price of $1,170.18, implying an approximate grant value of $250,419 (214 × $1,170.18). This is an equity award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-16; Form 4 filed: 2026-01-21 (filed 5 days after the transaction; typically Section 16 reports are due within 2 business days).
- Shares/units granted: 214 RSUs; reported price per share for valuation: $1,170.18; cash paid: $0.00 (award).
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan to non-employee directors. RSUs vest upon the director’s election or re-election at the 2026 Annual Meeting and will generally be settled in shares on the third anniversary of the grant unless the director elects earlier settlement upon leaving the board (lump sum or five annual installments).
- No indication in the filing of tax-withholding sales, 10b5-1 plan, or immediate sale of shares.
Context
- RSU grants to non-employee directors are common compensation and typically reflect board pay rather than a directional bet on the stock. The reported valuation uses the average of the high and low market price on the grant date to express the award’s approximate dollar value. The later filing date may simply reflect administrative delay but is outside the usual 2-business-day window for Section 16 reporting.