BlackRock Senior Managing Director Gifts 900 Shares of Common Stock
BlackRock, Inc.
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Filing Summary
### Form 4 Filing: BlackRock, Inc. (BLK)
**Insider:** Kushel J. Richard (Senior Managing Director)
**Date:** 2026-10-27
**Transaction:** Bona fide gift of 900 common shares ($0/share)
**Shares Remaining (Direct):** 61,080.34
**Significance:** Low (Non-market gift transaction)
Comprehensive Analysis
Transaction Overview
On October 27, 2026, J. Richard Kushel, Senior Managing Director at BlackRock, Inc. (NYSE: BLK), reported the disposition of 900 shares of common stock by gift (Transaction Code 'G') at an effective price of $0.00.
Holdings Summary
- Direct Ownership Post-Transaction: 61,080.34 shares (including restricted stock units vesting over 1 to 3 years).
- Indirect Holdings: In addition to direct holdings, Mr. Kushel maintains substantial indirect ownership across several family trusts:
- 26,153 shares held by Family Trust
- 1,000 shares held by Family Trust
- 1,000 shares held by Family Trust
- 47,305 shares held by The Kushel Family 2011 Dynasty Trust
- 3,335 shares held by The Kushel Family 2018 Trust
Market & Trading Significance
This transaction represents a bona fide gift of 900 shares and is not an open-market sale or purchase. Given the charitable or estate-planning nature of Code G transactions and the relatively small size of the transfer compared to the insider's aggregate direct and indirect holdings (over 139,000 shares), this event has low trading significance and provides no directional signal regarding company performance.
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