FINK LAURENCE 4

What Happened

• Laurence D. Fink, Chairman and CEO of BlackRock, was granted 7,206 Restricted Stock Units (RSUs) on 2026-01-16. The grant has a reported award value of $8,432,500 and was recorded at $0.00 per share (award/grant, not an open-market purchase). The number of RSUs was calculated by dividing the award value by $1,170.18 (the average of the high and low share price on 1/16/26).

Key Details

• Transaction date: January 16, 2026 (reported on Form 4 filed January 21, 2026).
• Grant size: 7,206 RSUs; reported award value: $8,432,500; conversion price used: $1,170.18.
• Vesting: RSUs vest in equal installments on 01/31/2027, 01/31/2028 and 01/31/2029.
• Approval: Grant approved by BlackRock’s Management Development and Compensation Committee on January 13, 2026.
• Shares owned after transaction: not specified in the filing excerpt provided.
• Filing timeliness: Form 4 was filed January 21, 2026 and appears timely (within the required 2 business-day window given the Jan 16 transaction and the Jan 19 holiday).

Context

• This was an equity compensation award (code A), not a market purchase or sale. Each RSU is payable solely in shares of BlackRock common stock upon vesting, so no immediate cash changed hands. Such grants are routine for executive compensation and reflect awarded pay rather than an insider buying or selling shares.