Goldstein Robert L. 4

What Happened Robert L. Goldstein, Chief Operating Officer of BlackRock, received an award of 4,348 restricted stock units (RSUs) on 2026-01-16. The Form 4 reports the acquisition price as $0.00 (an award/grant), and the award carried an approved dollar value of $5,087,650, which was converted into 4,348 RSUs using a per-share reference price of $1,170.18. The grant was approved by BlackRock’s Management Development and Compensation Committee on 2026-01-13. The RSUs vest in equal installments on 2027-01-31, 2028-01-31 and 2029-01-31.

Key Details

• Transaction date: 2026-01-16 (Form 4 filed 2026-01-21; filing appears timely)
• Transaction type/code: A = Award/Grant; reported acquisition price $0.00
• Shares/units received: 4,348 RSUs; reported aggregate award value $5,087,650
• Conversion/reference price: $1,170.18 (average of high and low on 2026-01-16) per F1
• Vesting: Equal installments on 1/31/27, 1/31/28 and 1/31/29 (per F1)
• Payment form: Each RSU payable solely by delivery of one share of Common Stock at vesting (per F2)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Approval: Award approved by the Management Development and Compensation Committee on 2026-01-13

Context RSU grants are a common form of executive compensation and represent a promise to deliver shares if and when they vest; they are not an immediate open-market purchase or sale. Because these RSUs vest over future dates, they do not reflect an immediate change in market exposure and do not on their own indicate the insider’s short-term trading view.