FINK LAURENCE 4
Research Summary
AI-generated summary
BlackRock (BLK) CEO Laurence Fink Sells $35.6M in Shares
What Happened
- Laurence D. Fink, Chairman and CEO of BlackRock (BLK), sold a total of 33,900 shares in multiple open‑market transactions on April 28, 2026, for aggregate proceeds of $35,613,716.
- The sales broke down as: 9,715 shares at $1,049.61 (≈ $10,196,923); 13,834 shares at $1,050.44 (≈ $14,531,794); 8,225 shares at $1,051.35 (≈ $8,647,393); and 2,126 shares at $1,052.50 (≈ $2,237,606). All four transactions are reported with code “S” (sale).
Key Details
- Transaction date: April 28, 2026; Form 4 filed April 29, 2026 (timely filing).
- Total shares sold: 33,900; total proceeds: $35,613,716.
- Reported weighted‑average prices reflect multiple trades per tranche:
- 9,715 shares: prices ranged $1,049.01–$1,050.01 (F1)
- 13,834 shares: prices ranged $1,050.02–$1,051.02 (F3)
- 8,225 shares: prices ranged $1,051.03–$1,052.02 (F4)
- 2,126 shares: prices ranged $1,052.04–$1,053.03 (F5)
- Holdings note (F2): reported holdings include Common Stock and Restricted Stock Units (RSUs) that vest over 1–3 years; each RSU converts to one share when paid.
- No 10b5‑1 plan, tax‑withholding, or other special conditions were disclosed in the provided excerpt.
- Accession #: 0002012383-26-001792; Period of Report: 2026-04-28.
Context
- These were outright sales (code S). Sales by executives can be routine (diversification, tax planning, compensation liquidity) and do not by themselves indicate a change in view on the company. This filing is informational; it does not disclose the insider’s motivation.
- If you want the full breakdown of each individual trade price/size, the filer has stated they will provide that information on request to the SEC staff, the issuer, or a security holder (per the footnotes).