Kushel J. Richard

Kushel J. Richard sells 2,385 shares at $1,083.35 avg, retaining 61,980 shares; mixed timing at BLK vs cross-ticker record.

Kushel J. Richard, Senior Managing Director at BlackRock, executed two separate sales totaling 2,385 shares for $2,583,790.39 on 2026-02-24 at a blended average price of $1,083.35, reducing his holdings by 3.7% to 61,980 shares. The timing of this sale relative to his historical activity is ambiguous: his cross-ticker track record shows a 90-day well-timed rate of 35.29%, but at BlackRock specifically, none of his 4 prior measurable sales (between April and July 2025) were well-timed at the 90-day mark, each posting positive returns that suggest he sold before rallies. The current price of $1,090.27 sits 9.3% below the 52-week high, yet BlackRock's fundamentals remain robust with annual revenue growth of +18.7% and a P/E of 31.99. The sale falls within the insider's pattern of regular transactions at this ticker but lacks the pattern of forward-looking conviction evident in some prior executions.

Kushel J. Richard sold 20,000 BLK shares at $1,125.00 on 2026-01-21 for $22.5M, reducing holdings by 24.4%

Kushel J. Richard, Senior Managing Director of BlackRock, executed a $22.5M sale of 20,000 shares at $1,125.00, reducing his post-transaction holdings to 61,894 shares from 81,894. The sale represents a significant 24.4% reduction in his holdings. Current price of $1,129.91 is 6.0% below the 52-week high, and the stock has gained 3.8% over the prior 30 days. Across his prior BLK sales, his timing has been mixed: his prior 5 trades at this ticker show 1 well-timed outcome at the 90-day mark, while his cross-ticker track record reflects a 35.29% well-timed rate on 17 prior sells. The sale occurs in a company with solid fundamentals—$6.5B in latest quarterly revenue, 16.2% annual revenue growth, and a P/E of 28.71—providing no obvious fundamental distress signal.

BlackRock SVP Kushel J. Richard sold 17.1K shares for $19.2M at $1,120.50, reducing holdings 21.8%

Kushel J. Richard executed 2 separate sales totaling 17,142 shares for $19,207,562.03 at a blended average price of $1,120.50, reducing his position from 78,511 to 61,369 shares (-21.8% of prior holdings). The stock currently trades at $1091.80, down 2.8% from its 52-week high of $1123.28, with a 30-day return of +2.0% and 90-day return of +17.5%. Richard's same-ticker history at BLK shows 3 of 5 prior sells were well-timed at the 90-day mark (2 in April 2025 achieved +5.6% and +14.2% returns at 30 days, while 3 consecutive January 2025 sells each resulted in negative 90-day returns around -15%). His cross-ticker track record exhibits a 40.00% well-timed rate across 15 prior sells with an average 90-day return of +5.2%. Investors should monitor the 90-day performance relative to the $1,120.50 execution price to assess whether this substantial reduction in his BLK stake preceded material price movements or reflects portfolio management in the context of BlackRock's strong 16.2% annual revenue growth and 26.83 P/E valuation.

Kushel J. Richard (Senior Managing Director) sold 10,000 shares of BlackRock at $912.50 on 2025-04-24, reducing holdings by 13.2% to 66,034 shares.

On 2025-04-24, Kushel J. Richard sold 10,000 shares at $912.50, reducing his BlackRock position by 13.2%. The stock has declined 3.5% over 30 days and 13.1% over 90 days from the transaction date, closing 15.0% below its 52-week high of $1075.50. Across all tickers, Richard's prior 14 open-market sells showed a 90-day well-timed rate of 30.00%, and at BlackRock specifically, 1 of 1 measurable prior sells (from 2025-01-21) had a negative 90-day return of -15.4%. The current sale occurred just 3 days after another BlackRock sale on 2025-04-21, suggesting a pattern of sequential dispositions over a short window.

Senior Managing Director Richard sells 2,000 BLK shares at $852.01; stock now -17.0% from 52-week high

Kushel J. Richard, a Senior Managing Director at BlackRock, sold 2,000 shares on 2025-04-21 at $852.01, reducing holdings by 2.9% to 66,034 shares. The stock has declined 17.0% from its 52-week high of $1075.50 and is down 7.4% over the prior 30 days. His prior transactions at BlackRock show mixed timing outcomes: three January 2025 sales have recorded 30-day declines of -8.7%, -8.8%, and -9.1%, while an August 2024 sale posted a +14.5% 90-day return. Across his full cross-ticker track record, his 90-day well-timed rate stands at 30.00% with an average 90-day return of +7.0% after prior sells, indicating sells have historically been poorly timed on average. The company maintains solid fundamentals with $5.2B quarterly revenue, +16.2% annual growth, and a P/E of 19.96, suggesting the recent price weakness reflects broader market conditions rather than company deterioration.

Senior Managing Director Richard sold 10,000 BLK shares for $10,726,364.79 at blended avg $1,072.64

Kushel J. Richard, Senior Managing Director at BlackRock, executed 3 separate sales on 2025-01-30 totaling 10,000 shares for $10,726,364.79, reducing his holdings from 78,433 to 68,433 shares (-12.7%). The transaction occurred near the 52-week high of $1,075.50, with the blended average sale price of $1,072.64 reflecting prices executed at $1,070.50, $1,072.63, and $1,075.15 across the three separate sales. Notably, Richard's prior trades at BlackRock have not demonstrated well-timed selling; all 4 measurable same-ticker sales from August 2024 showed positive 90-day returns of +14.4% to +14.8%, indicating the stock rose after each sale. His cross-ticker track record shows an average 90-day return of +9.4% after sells with a 22.22% well-timed rate, both below what would suggest a consistent pattern of advantageous exit timing.

Senior Managing Director Kushel J. Richard sold 10,000 BLK shares for $10.1M on 2025-01-21; holds 68.4K shares post-transaction.

Kushel J. Richard, Senior Managing Director at BlackRock, sold 10,000 shares (10.0K shares) at $1,010.00 on 2025-01-21 for a total value of $10,100,000.00 ($10.1M), reducing his holdings by -12.7% to 68,433 shares (68.4K shares). This is a substantial open-market sale at a price $7.73 below the current level of $1017.73, representing a modest discount to recent trading. Across his prior 5 sales at BlackRock on 2024-08-29, the insider's average 90-day return was +14.6%, and 0 of those 5 prior sells were well-timed (the stock rose materially post-sale). His cross-ticker track record shows 9 prior sells with an average 90-day return of +9.4% and a 90d well-timed rate of 22.22%, indicating a mixed historical pattern of selling before declines. The stock is currently -4.5% from its 52-week high of $1065.26, providing context on current valuation within recent range.

BLK Senior Managing Director sells 14.0K shares for $12.4M at avg $888.92; holds 67.1K post-transaction.

Kushel J. Richard executed 6 separate sales totaling 14,000 shares for $12,444,914.36 on 2024-08-29 at a blended average price of $888.92, reducing his holdings by 17.3% to 67,107 shares. The current price of $901.81 sits at the 52-week high, and BlackRock stock has appreciated 16.8% over the past 90 days, creating favorable conditions for a large disposal. Richard's prior BLK sales show mixed timing: 2 of his 3 prior same-ticker trades were well-timed at the 90-day horizon (selling before subsequent declines in February 2024), though 1 sale in April 2023 was poorly timed. The filing captures a material single-day exit of a significant position from a senior executive, warranting monitoring of whether this precedes operational developments or reflects portfolio management at elevated valuations.