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NEW YORK (AP) - The chairman and chief executive of financial services firm BlackRock Inc. exercised options for 39,700 shares of common stock, according to a Securities and Exchange Commission filing Friday.
| BLK | 216.4 |  -2.7 |
In a Form 4 filed with the SEC, Laurence Fink reported he exercised options for the shares Thursday for $43.31 apiece and then sold the same number of them the same day for $202 to $203.20 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
BlackRock is based in New York.
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