BlackRock (NYSE: BLK) director receives 21-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Freda Fabrizio reported acquisition or exercise transactions in this Form 4 filing.
BlackRock director Fabrizio Freda reported receiving a grant of 21 shares of BlackRock common stock as a nonemployee director award. The shares were granted at no cash cost to him and are tied to the company’s Third Amended and Restated 1999 Stock Award and Incentive Plan.
The grant was based on a reference price of $961.71 per share, which was the closing price of BlackRock stock on March 31, 2026. After this equity award, Freda directly holds a total of 3,783 shares of BlackRock common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Freda Fabrizio
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,783 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 21 shares
Total shares after grant: 3,783 shares
Reference share price: $961.71 per share
+1 more
4 metrics
Shares granted
21 shares
Nonemployee director stock award on March 31, 2026
Total shares after grant
3,783 shares
Director’s direct holdings following the award
Reference share price
$961.71 per share
Closing price on March 31, 2026 used for grant valuation
Transaction price per share
$0.00 per share
Director cash cost for granted shares
Key Terms
Nonemployee Directors, Stock Award and Incentive Plan, Common Stock
3 terms
Nonemployee Directors financial
"Common Stock granted to Nonemployee Directors under the Third Amended and Restated"
Stock Award and Incentive Plan financial
"under the Third Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan"
A stock award and incentive plan is a company program that gives employees, executives or board members shares, options or other equity-based rewards as part of pay and motivation. It matters to investors because these plans align employee interests with shareholders—similar to paying someone with a slice of the pie instead of cash—but they can also increase the number of shares outstanding (dilution) and affect reported profits and management behavior, so investors watch plan size and rules closely.
Common Stock financial
"Common Stock granted to Nonemployee Directors under the Third Amended"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Fabrizio Freda report in his latest Form 4 for BlackRock (BLK)?
Fabrizio Freda reported receiving a grant of 21 shares of BlackRock common stock as a nonemployee director award. The shares were issued under BlackRock’s 1999 Stock Award and Incentive Plan and increase his direct holdings to 3,783 shares after the transaction.
Was Fabrizio Freda’s BlackRock Form 4 transaction a market purchase or sale?
The Form 4 shows no market purchase or sale by Fabrizio Freda. Instead, it records a grant of 21 shares of common stock, received as a nonemployee director award under BlackRock’s stock incentive plan, with no cash paid per share in the transaction.