J. Richard Kushel, Senior Managing Director at BlackRock, Inc. (NYSE:BLK), filed a Form 4 on October 28, 2026, reporting a gift disposition of 900 shares of common stock on October 27, 2026.

Key Highlights

  • Transaction type: Kushel disposed of 900 shares via a gift (transaction code G) at a price of $0 on October 27, 2026.
  • Direct holdings after transaction: Kushel directly beneficially owned 61,080.34 shares of common stock following the reported transaction, per footnote 1.
  • Footnote disclosure: The 61,080.34 figure includes common stock as well as Restricted Stock Units that will vest over a period of 1 to 3 years, with each unit payable solely by delivery of an equal number of shares of common stock.
  • Indirect holdings: Kushel also holds shares indirectly, including 26,153 and 1,000 and 1,000 shares through family trusts, 47,305 shares through the Kushel Family 2011 Dynasty Trust, and 3,335 shares through the Kushel Family 2018 Trust.
  • Filing agent: The form was signed by R. Andrew Dickson III as Attorney-in-Fact for J. Richard Kushel and dated October 28, 2026.

Kushel's October 2026 Gift Transaction and Beneficial Ownership Details

According to the filing, J. Richard Kushel, identified as Senior Managing Director of BlackRock, Inc. (NYSE:BLK), reported a single non-derivative transaction on October 27, 2026. The transaction involved the disposition of 900 shares of common stock (par value $0.01 per share) via gift, coded "G" under Instruction 8, at a stated price of $0. The filing does not indicate that a Rule 10b5-1(c) plan governed this transaction.

Following the reported transaction, the filing states Kushel directly owned 61,080.34 shares. A footnote clarifies that this total includes both common stock and Restricted Stock Units scheduled to vest over a period of 1 to 3 years, with each Restricted Stock Unit payable solely by delivery of an equal number of shares of common stock. No derivative securities transactions were reported in Table II of the filing.

In addition to direct holdings, the filing discloses indirect beneficial ownership across several trusts: 26,153 shares, 1,000 shares, and 1,000 shares held by family trusts; 47,305 shares held by the Kushel Family 2011 Dynasty Trust; and 3,335 shares held by the Kushel Family 2018 Trust. The form was filed by one reporting person and signed on October 28, 2026, by R. Andrew Dickson III as Attorney-in-Fact for J. Richard Kushel.

What Was Disclosed

The filing reported a gift of 900 BlackRock common shares by Senior Managing Director J. Richard Kushel on October 27, 2026, at $0, leaving him with directly owned beneficial holdings of 61,080.34 shares, including unvested Restricted Stock Units, plus additional indirect holdings through multiple family trusts.