Anonymous ID: 463799 April 17, 2020, 7:31 p.m. No.8833251   🗄️.is 🔗kun   >>3313 >>3519

Blackrock Inc. President sold: $42.35m-Apr 17

 

Robert S. Kapito, President and a Director of BlackRock, is a member of BlackRock's Global Executive Committee and Chairman of the Global Operating Committee. He is responsible for the day-to-day oversight of BlackRock's key operating units including Investment Strategies, Client Businesses, Technology & Operations, and Risk & Quantitative Analysis. Mr. Kapito is also a Director of iShares Inc.

iShares is the ETF creation Arm of Blackrock and on the list of "things" the FRBNY is purchasing in a big way.

 

Prior to assuming his current responsibilities in 2007, Mr. Kapito served as Head of BlackRock's Portfolio Management Group. In this role, he was responsible for overseeing all portfolio management within BlackRock, including the Fixed Income, Equity, Liquidity, and Alternative Investment Groups. Prior to founding BlackRock in 1988, Mr. Kapito was a Vice President in the Mortgage Products Group at The First Boston Corporation.

 

Mr. Kapito serves as a member of the Board of Trustees of the University of Pennsylvania and the Harvard Business School Board of Dean's Advisors. He is also President of the Board of Directors for Hope & Heroes. Mr. Kapito is the recipient of the 2009 Joseph Wharton Leadership Award, the Marine Corps-Law Enforcement Foundation's 2010 Semper Fidelis Award and is a frequent public speaker on best practices in investment management.

Mr. Kapito earned a BS degree in economics from the Wharton School of the University of Pennsylvania in 1979, and an MBA degree from Harvard Business School in 1983.

https://www.blackrock.com/us/individual/biographies/robert-kapito

 

Robert has made over 14 trades of the BlackRock stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 88,799 units of BLK stock worth $42,355,347 on 17 April 2020.

The largest trade he's ever made was selling 88,799 units of BlackRock stock on 17 April 2020 worth over $42,355,347.

On average, Robert trades about 6,092 units every 229 days since 2003. As of 17 April 2020 he still owns at least 310,275 units of BlackRock stock.

https://wallmine.com/people/28611/robert-kapito

https://www.finviz.com/insidertrading.ashx?oc=1059246&tc=7&b=2

https://www.secform4.com/insider-trading/1059246.htm