KAPITO ROBERT 4
4 · BlackRock, Inc. · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
BlackRock (BLK) President Robert Kapito Sells Shares
What Happened
Robert Kapito, President and Director of BlackRock, sold a total of 8,739 shares of BLK in open-market transactions on April 27, 2026, generating approximately $9,233,596 in proceeds. The sales were reported as three transactions: 3,188 shares at a weighted average price of $1,056.10 ($3,366,852), 5,364 shares at $1,056.86 ($5,668,972), and 187 shares at $1,057.60 ($197,772). These were outright sales (code S), which are commonly routine liquidity events rather than explicit signals of company outlook.
Key Details
- Transaction date: 2026-04-27 (all sales executed that day).
- Breakdown:
- 3,188 shares @ $1,056.10 (weighted avg); proceeds $3,366,852. (Footnote F1: trades priced $1,055.50–$1,056.50.)
- 5,364 shares @ $1,056.86 (weighted avg); proceeds $5,668,972. (Footnote F3: trades priced $1,056.51–$1,057.48.)
- 187 shares @ $1,057.60 (weighted avg); proceeds $197,772. (Footnote F4: trades priced $1,057.53–$1,057.75.)
- Total: 8,739 shares sold for ~$9.23 million.
- Holdings note (Footnote F2): reported holdings include Common Stock and Restricted Stock Units (RSUs) that vest over 1–3 years; each RSU converts to one share on vesting.
- Price reporting: reported prices are weighted averages; the filer states they will provide per-trade prices on request.
- Filing timeliness: not indicated in the provided information.
Context
Open-market sales by executives are common for liquidity, tax, or portfolio-management reasons and do not by themselves indicate a change in company fundamentals. Retail investors should watch for patterns (repeated large sales or insider purchases) but interpret one-day sales cautiously.
Insider Transaction Report
- Sale
Shares Of Common Stock (par Value $0.01 Per Share)
[F1][F2]2026-04-27$1056.10/sh−3,188$3,366,852→ 215,737.4 total - Sale
Shares Of Common Stock (par Value $0.01 Per Share)
[F3][F2]2026-04-27$1056.86/sh−5,364$5,668,972→ 210,373.4 total - Sale
Shares Of Common Stock (par Value $0.01 Per Share)
[F4][F2]2026-04-27$1057.60/sh−187$197,772→ 210,186.4 total
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $1,055.50 to $1,056.50. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- [F2]Includes Common Stock as well as Restricted Stock Units that will vest over a period of 1 to 3 years. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
- [F3]This transaction was executed in multiple trades at prices ranging from $1,056.51 to $1,057.48. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- [F4]This transaction was executed in multiple trades at prices ranging from $1,057.53 to $1,057.75. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.