Goldstein Robert L. 4
Research Summary
AI-generated summary
BlackRock (BLK) COO Robert Goldstein Gifts 8,634 Shares
What Happened
- Robert L. Goldstein, Chief Operating Officer of BlackRock, reported a gift transaction on Feb 13, 2026. The Form 4 shows a disposition of 8,634 shares as a gift and a corresponding acquisition of 8,634 shares, both reported at $0.00 per share (no cash proceeds).
- Because this was a gift (transaction code G) the filing records $0 received — gifts are transfers of ownership, not open‑market sales or purchases.
Key Details
- Transaction date: 2026-02-13
- Reported prices/values: $0.00 per share; total reported proceeds $0 (gift)
- Shares disposed: 8,634 (gift)
- Shares acquired: 8,634 (gift)
- Shares owned after transaction: not specified in the provided filing excerpt
- Footnote: F1 — holdings include Common Stock and Restricted Stock Units (RSUs) that vest over 1–3 years; each RSU is payable in an equal number of shares of Common Stock.
Context
- Gift transactions (code G) typically reflect transfers of ownership (e.g., to another person or entity) and do not directly indicate the insider’s market view; they produce no cash proceeds.
- The filing lists both the disposal and the acquisition entries for the same share count at $0, which is how gifts are reported on Form 4.