Nixon Gordon M. 4
Research Summary
AI-generated summary
BlackRock (BLK) Director Gordon M. Nixon Receives 38-Share Award
What Happened
- Gordon M. Nixon, a director of BlackRock, received a grant of 38 shares (transaction code A) on March 31, 2026. The Form 4 reports an acquisition price of $0.00 (a grant). Using the closing stock price of $961.71 on March 31, 2026 (per the filing footnote), the award’s market value is approximately $36,544.98.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (appears timely).
- Acquisition: 38 shares granted; reported acquisition price $0.00 (non-purchase award).
- Implied value: $961.71 per share (closing price used), total ≈ $36,544.98.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: Shares granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan to nonemployee directors.
- No indication of a 10b5-1 plan, tax-withholding sale, or late filing flag in the provided details.
Context
- This is a routine director compensation grant to a nonemployee director and should be viewed as part of regular board pay rather than an open-market purchase or sale signaling a change in the director’s personal investment stance. Such awards are common for board members and do not by themselves indicate company-specific insider sentiment.