Goldstein Robert L. 4
4 · BlackRock, Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
BlackRock COO Robert Goldstein Receives Award; Shares Withheld
What Happened
- Robert L. Goldstein, Chief Operating Officer of BlackRock (BLK), had 6,553 shares withheld on 2026-01-30 to satisfy tax obligations related to award vesting (disposition) — withheld at $1,118.94 per share for a value of $7,332,414. The next day (2026-01-31) he was reported as acquiring 9,173 shares as a grant/award (recorded at $0.00, i.e., restricted stock units granted).
Key Details
- Transactions:
- 2026-01-30: 6,553 shares withheld for taxes @ $1,118.94 each = $7,332,414 (Disposition; code F)
- 2026-01-31: 9,173 shares granted as awards @ $0.00 (Acquired; code A)
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes of note:
- F1: The 6,553-share disposition represents stock withheld by BlackRock to satisfy tax obligations on vesting awards.
- F2: The reported grant includes Common Stock and Restricted Stock Units (RSUs) that will vest over 1–3 years; each RSU is payable in one share on vesting.
- F3: Describes a prior 2022 performance award that converted into RSUs (7,867 RSUs) based on performance (116.6% of original award) and the valuation method used at grant — background on BlackRock’s long-term incentive practices.
- Filing timeliness: Form 4 filed 2026-02-03. The filing date is within the normal SEC two-business-day window following the reported transactions.
Context
- The withholding of shares to cover taxes is a routine administrative action (code F) tied to vesting and is not a market sale decision in the way an open-market sale would be. The 9,173-share entry reflects a granted award (RSUs) rather than an open-market purchase; RSUs vest over time and convert to shares upon vesting.
Insider Transaction Report
Form 4
Goldstein Robert L.
Chief Operating Officer
Transactions
- Tax Payment
Shares Of Common Stock (par Value $0.01 Per Share)
[F1][F2]2026-01-30$1118.94/sh−6,553$7,332,414→ 42,305.44 total - Award
Shares Of Common Stock (par Value $0.01 Per Share)
[F3][F2]2026-01-31+9,173→ 51,478.44 total
Holdings
- 9,435(indirect: By Trust)
Shares Of Common Stock (par Value $0.01 Per Share)
Footnotes (3)
- [F1]Represents the withholding by BlackRock of common stock to satisfy tax obligations on the vesting of the reporting person's awards granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan.
- [F2]Includes Common Stock as well as Restricted Stock Units that will vest over a period of 1 to 3 years. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
- [F3]Reflects a 2022 BlackRock Performance Incentive Plan award value of $5,849,980 converted to 7,867 Restricted Stock Units by dividing the award value by $743.61, which was the average of the high and low price per share of Common Stock on January 17, 2023. The award was disclosed in the table on page 59 of BlackRock's 2023 Proxy Statement in the column headed "Long-Term Incentive Award (BPIP)." As outlined in BlackRock's 2023 Proxy Statement, the award was subject to adjustment based on certain performance metrics approved by the Management Development and Compensation Committee at the time of the award. Based on the Company's performance, the Restricted Stock Units vesting represent 116.6% of the original award.
Signature
/s/ R. Andrew Dickson III as Attorney-in-Fact for Robert L. Goldstein|2026-02-03