Nasser Amin H. 4
Research Summary
AI-generated summary
BlackRock (BLK) Director Nasser Amin Receives 30-Share Award
What Happened
Nasser Amin, a director of BlackRock, was granted 30 shares of BlackRock common stock on June 30, 2026. The shares were recorded as an award/acquisition at $0.00 per share for reporting purposes; the company used the closing price of $961.56 on June 30, 2026 to value the grant, giving an approximate market value of $28,846.80.
Key Details
- Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-02)
- Transaction type: Award/Grant to a nonemployee director (SEC code A)
- Shares granted: 30; Acquisition price for reporting: $0.00; Implied value: 30 × $961.56 = $28,846.80
- Plan/footnote: Granted under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan for Nonemployee Directors (value based on June 30 closing price)
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Filing timeliness: Form 4 was filed on 2026-07-02, within the typical SEC Form 4 reporting window (no late filing flag indicated)
Context
This was an equity award to a nonemployee director (routine compensation for board service) rather than an open-market purchase or sale. Such grants compensate directors and do not by themselves indicate a vote of confidence or concern about the company's near-term prospects.