BlackRock President Robert Kapito Sells 8,739 Shares for $9.2 Million
BlackRock, Inc. President Robert Kapito filed a Form 4 disclosing the sale of 8,739 shares of common stock on April 27, 2026. The transactions were executed in three separate sales: 3,188 shares at a weighted average price of $1,056.1016, 5,364 shares at $1,056.8553, and 187 shares at $1,057.6045. The total proceeds from these sales amounted to approximately $9.2 million. Following these transactions, Kapito's direct ownership in BlackRock decreased to 210,186.4 shares, which includes both common stock and restricted stock units that will vest over 1 to 3 years. The filing notes that each transaction was executed in multiple trades at varying price ranges, with the reported prices representing weighted averages. Kapito remains President and a director of BlackRock, and the filing was signed by his attorney-in-fact, R. Andrew Dickson III.