BlackRock, Inc.·4

Jan 21, 7:24 PM ET

Comerchero Marc D. 4

Research Summary

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BlackRock (BLK) Marc D. Comerchero Receives RSU Award

What Happened
Marc D. Comerchero, BlackRock’s Principal Accounting Officer, was granted two restricted stock unit (RSU) awards on 2026-01-16: 551 RSUs (award value $645,000) and 179 RSUs (award value $210,000), totaling 730 RSUs and $855,000. The awards were granted at $0 per share (compensation awards) and were converted from dollar values using an average BlackRock share price of $1,170.18 on 1/16/2026. These grants were approved by the Management Development and Compensation Committee on 1/13/2026.

Key Details

  • Transaction date: 2026-01-16; grant price reported as $0 (RSU awards).
  • Conversion price used: $1,170.18 (average of high and low on 1/16/2026).
  • Vesting: 551 RSUs vest in equal installments on 1/31/27, 1/31/28 and 1/31/29; 179 RSUs vest on 1/31/28. Each RSU pays out in shares of Common Stock when vested.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Approval: Grants approved by the Management Development and Compensation Committee on 1/13/2026 (see footnotes).
  • Filing timeliness: Form 4 was filed 2026-01-21 (five days after the transaction date), which appears late relative to the SEC’s typical two-business-day reporting requirement.

Context
RSUs are compensation awards that convert to shares at vesting (no cash paid at grant). These are standard executive compensation events, not open-market purchases or sales, and therefore are routine rather than a direct market sentiment signal. The filing’s late submission is a compliance note for investors tracking timely insider disclosures.