Mark Wiedman - Aug 12, 2024 Form 4 Insider Report for BlackRock Inc. (BLK)

Role
Senior Managing Director
Signature
/s/ R. Andrew Dickson III as attorney-in-fact for Mark Wiedman
Stock symbol
BLK
Transactions as of
Aug 12, 2024
Transactions value $
-$10,232,680
Form type
4
Date filed
8/14/2024, 08:44 PM
Previous filing
Jul 18, 2024
Next filing
Aug 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLK Common Stock Options Exercise $0 +11.1K +170.69% $0.00 17.5K Aug 12, 2024 Direct F1, F2
transaction BLK Common Stock Sale -$3.95M -4.64K -26.46% $850.33 12.9K Aug 12, 2024 Direct F1, F2, F3
transaction BLK Common Stock Sale -$1.15M -1.35K -10.43% $851.38 11.6K Aug 12, 2024 Direct F1, F2, F4
transaction BLK Common Stock Sale -$234K -275 -2.38% $852.09 11.3K Aug 12, 2024 Direct F1, F2, F5
transaction BLK Common Stock Sale -$683K -800 -7.09% $854.14 10.5K Aug 12, 2024 Direct F1, F2
transaction BLK Common Stock Sale -$3.43M -4K -38.17% $856.36 6.48K Aug 12, 2024 Direct F1, F2, F6
transaction BLK Common Stock Options Exercise $0 +939 +14.49% $0.00 7.42K Aug 13, 2024 Direct F1, F2
transaction BLK Common Stock Sale -$798K -939 -12.66% $850.00 6.48K Aug 13, 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BLK Employee Stock Option (Right to Buy) Options Exercise $0 -11.1K -15.32% $0.00 61.1K Aug 12, 2024 Common Stock 11.1K $513.50 Direct F1, F7
transaction BLK Employee Stock Option (Right to Buy) Options Exercise $0 -939 -1.54% $0.00 60.2K Aug 13, 2024 Common Stock 939 $513.50 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 13, 2024.
F2 Includes Common Stock as well as Restricted Stock Units that 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 $850.00 to $850.99. 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 $851.00 to $851.98. 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.
F5 This transaction was executed in multiple trades at prices ranging from $852.02 to $852.35. 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.
F6 This transaction was executed in multiple trades at prices ranging from $856.21 to $856.50. 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.
F7 These options shall vest in equal installments on December 4, 2022, December 4, 2023 and December 4, 2024.