Kushel J. Richard 4

What Happened
Kushel J. Richard, a Senior Managing Director at BlackRock (BLK), had 4,186 shares withheld (disposed) on 2026-01-30 to satisfy tax obligations related to vesting, at an effective price of $1,118.94 per share for a value of $4,683,883. The filing also reports a grant/award of 6,272 shares (reported as acquired at $0.00) on 2026-01-31, which represent restricted stock units (RSUs) that will vest over time.

Key Details

• Transactions: 2026-01-30 — 4,186 shares withheld/surrendered at $1,118.94 (total $4,683,883); 2026-01-31 — 6,272 shares granted (RSUs) at $0.00.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — withholding by BlackRock to satisfy tax on vesting; F2 — award includes Common Stock and RSUs that vest over 1–3 years; F3 — describes a 2022 performance award conversion and adjustment (resulting RSUs reflect 116.6% of the original award).
• Filing timeliness: Form filed 2026-02-03; transactions from 2026-01-30 and 2026-01-31 were reported within the required 2-business-day window.

Context
The 4,186-share disposition was a tax-withholding/net settlement (code F), not an open-market sale by the insider — a routine administrative action when RSUs vest. The 6,272 acquired shares are RSUs subject to future vesting and are paid in shares, so they do not represent an immediate market purchase. For retail investors, purchases are generally more informative than routine tax withholdings; this filing mainly documents compensation vesting and associated tax withholding.