KAPITO ROBERT 4

What Happened

• Robert Kapito, President and Director of BlackRock, had 10,815 shares withheld on Jan 30, 2026 to satisfy tax obligations related to vested awards (reported disposal value $12,101,336). On Jan 31, 2026 he was granted 15,289 Restricted Stock Units (RSUs) with a reported acquisition value of $0 (award grant).

Key Details

• Transactions:
  • Jan 30, 2026 — 10,815 shares withheld at $1,118.94 per share (code F; disposal) = $12,101,336.
  • Jan 31, 2026 — 15,289 RSUs granted at $0.00 (code A; acquisition).
• Shares owned after transaction: Not specified in the Form 4.
• Notable footnotes:
  • F1: The Jan 30 disposal represents BlackRock withholding shares to satisfy tax obligations on vesting awards.
  • F2: The RSUs include common stock and RSUs that will vest over 1–3 years and are payable only in shares.
  • F3: The 15,289 RSUs reflect a 2022 Performance Incentive Plan award originally valued at $9,750,214, converted to 13,112 RSUs and adjusted to 116.6% based on performance (resulting in 15,289 RSUs).
• Filing timeliness: Form 4 was filed Feb 3, 2026 for transactions dated Jan 30–31, 2026 — filed within the required two business days.

Context

• The Jan 30 action was a tax-withholding disposal (code F), a routine administrative transaction that does not indicate an open-market sale for investment purposes. The Jan 31 transaction is a grant of RSUs that vest over time and will be settled in shares, reflecting long-term incentive compensation rather than an immediate purchase.