FINK LAURENCE 4

What Happened

• Laurence D. Fink, Chairman and CEO of BlackRock (BLK), had 14,401 shares withheld on Jan 30, 2026 to satisfy tax obligations (disposed) at $1,118.94 per share, totaling $16,113,855. The next day (Jan 31, 2026) he was granted/awarded 19,914 shares (Restricted Stock Units) with a reported acquisition value of $0.00 (award).
• This was not an open-market sale but a company withholding of shares to cover tax liabilities related to awards; the grant is a compensation award (RSUs) rather than a purchase.

Key Details

• Transaction dates and prices:
  • 2026-01-30: 14,401 shares withheld at $1,118.94/share → $16,113,855 (code F: tax withholding).
  • 2026-01-31: 19,914 shares granted as RSUs at $0.00 (code A: award/grant).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Withholding by BlackRock to satisfy tax obligations on vesting awards.
  • F2: Award includes Common Stock and RSUs that will vest over 1–3 years; each RSU pays one share of Common Stock.
  • F3: The grant reflects a 2022 Performance Incentive Plan award originally valued at $12,700,115, converted to 17,079 RSUs using a $743.61 per-share reference, and adjusted to 116.6% performance to yield 19,914 RSUs.
• Timeliness: Report period 2026-01-30; Form 4 filed 2026-02-03 — filed within the SEC’s 2-business-day requirement (timely).

Context

• This was effectively a cashless tax-withholding (company held shares to satisfy tax obligations), not an open-market sale; such withholdings are routine following vesting and do not necessarily indicate a decision to reduce exposure to the stock.
• The 19,914-unit item is a compensation award (RSUs) that vests over time per the plan; RSUs convert to shares when they vest and are payable solely in shares per the footnote.