Lord Rachel 4

What Happened Rachel Lord, a Senior Managing Director at BlackRock (BLK), had 2,787 shares disposed on 2026-01-30 as tax-withholding related to the vesting of her awards (disposed at $1,118.94 each for a total reported value of $3,118,486). On 2026-01-31 she was granted/acquired 6,308 shares (reported as a $0.00 per-share grant because these are awards/RSUs rather than an open-market purchase).

Key Details

• Transactions: 2026-01-30 — 2,787 shares withheld/disposed at $1,118.94 (total $3,118,486) to satisfy tax obligations; 2026-01-31 — 6,308 shares granted as awards (reported $0.00 per share).
• Filing date: Report filed with the SEC on 2026-02-03, covering transactions dated Jan 30–31, 2026.
• Shares owned after transaction: Not specified in the summary provided.
• Notable footnotes:
  • F1: The Jan 30 disposition represents BlackRock withholding common stock to satisfy tax obligations on vesting awards under the company's 1999 Stock Award and Incentive Plan (i.e., tax withholding).
  • F2: The Jan 31 amount includes common stock and Restricted Stock Units (RSUs) that will vest over 1–3 years; each RSU is payable in shares of common stock.
  • F3: Part of the award traces to a 2022 Performance Incentive Plan award originally valued at $4,022,930, converted using a $743.61 per-share reference and adjusted based on performance — the vesting reflects 116.6% of the original award.

Context

• The Jan 30 action is a tax-withholding sale (routine administrative disposition) rather than an open-market sale reflecting a directional bet. The Jan 31 entries are awards/RSUs that typically vest over time, so they are restricted and not equivalent to an immediate market purchase.
• For retail investors: purchases or open-market buys are often more informative about insider sentiment; tax withholdings and scheduled RSU grants are common compensation-related filings and do not, by themselves, indicate a change in the insider’s view of the company.