LEMKAU GREGG 4
4 · BlackRock, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
BlackRock (BLK) Director Gregg Lemkau Receives 29-Share Award
What Happened
Gregg Lemkau, a member of BlackRock’s board of directors, was granted 29 shares of BlackRock common stock as a director award on March 31, 2026. The grant was recorded at $0.00 acquisition cost on the Form 4 (award code A) and is valued at approximately $27,889.59 using the reported per-share closing price of $961.71 on March 31, 2026. This was a compensation award to a nonemployee director, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31 (reported on Form 4 filed 2026-04-02).
- Transaction type/code: Award/Grant (A); acquisition price shown as $0.00.
- Reported value: 29 shares × $961.71 = $27,889.59 (value based on closing price per footnote).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Shares granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan to nonemployee directors (value based on closing price).
- Timeliness: Filing appears timely (Form 4 filed within the required two business days after the March 31 transaction).
Context
This was a routine director compensation award to a nonemployee director. Such awards are common and reflect board compensation rather than an open-market investment decision; they do not by themselves indicate a personal bullish or bearish view.
Insider Transaction Report
- Award
Shares Of Common Stock (par Value $0.01 Per Share)
[F1]2026-03-31+29→ 254 total
Footnotes (1)
- [F1]Common Stock granted to Nonemployee Directors under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan, based on $961.71 per share which was the closing price of the stock on March 31, 2026.