secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock, Inc. (BLK)
CIK:        0002012383
Form:       8-K
Filed at:   2026-01-16T23:59:59+00:00
Accession:  0001193125-26-015405
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackRock adopts Executive Carry Program linking senior exec pay to private markets fund performance
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- ECP provides selected senior executives (excluding CEO) rights to carry distributions from flagship private funds.
- Awards are at-risk, performance-based: no value at grant; distributions depend on fund returns over long term.
- Vesting: 5-year schedule, no vesting until 3rd anniversary, then 1/3 annually; unvested awards forfeited on termination except for qualified retirement, death, disability.
- Participants to be identified and awards granted beginning in 2026; MDCC approves funds and Section 16 officer awards.
- CEO already received a carry-based incentive in 2025; ECP extends similar alignment to other senior executives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012383/000119312526015405/0001193125-26-015405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012383/000119312526015405/d25677d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-015405

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer