Insider Akiva Dickstein reports BHK phantom share grant and stock sale

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BlackRock Core Bond Trust portfolio manager Akiva Dickstein reported several compensation-related equity transactions. On January 30, 2026, he received 5,548.2686 phantom shares, which are cash-settled awards economically equivalent to common stock and vest over three years. The same day, previously granted phantom shares vested and were exercised into 5,006.2876 common shares, which were then sold at $9.53 per share, leaving him with no directly owned common stock after the sale.

Insider Trade Summary

5,006.288 shares exercised/converted

Mixed 6 txns

Insider Dickstein Akiva

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	5,548.269	$9.53	$53K
Exercise	Phantom Shares	2,066.776	$0.00	--
Exercise	Phantom Shares	1,483.335	$0.00	--
Exercise	Phantom Shares	1,456.177	$0.00	--
Exercise	Common Stock	5,006.288	$0.00	--
Disposition	Common Stock	5,006.288	$9.53	$48K

Holdings After Transaction: Phantom Shares — 5,548.269 shares (Direct); Common Stock — 5,006.288 shares (Direct)

Footnotes (1)

A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash. As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

Form 4 Insider Transactions: What Each Field Means →

02/03/2026 - 04:33 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dickstein Akiva

(Last)

(First)

(Middle)

50 HUDSON YARDS

(Street)

NEW YORK

10001

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BLACKROCK CORE BOND TRUST [ BHK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Portfolio Manager

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/30/2026		M		5,006.2876	A	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	5,006.2876	D
Common Stock	01/30/2026		D		5,006.2876	D	$9.53⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Shares	⁽¹⁾⁽⁵⁾	01/30/2026		A		5,548.2686		⁽¹⁾⁽⁵⁾	⁽¹⁾⁽⁵⁾	Common Stock	5,548.2686	$9.53	5,548.2686	D
Phantom Shares	⁽¹⁾⁽²⁾	01/30/2026		M			2,066.7757	⁽¹⁾⁽²⁾	⁽¹⁾⁽²⁾	Common Stock	2,066.7757	⁽¹⁾⁽²⁾	4,133.5514	D
Phantom Shares	⁽¹⁾⁽³⁾	01/30/2026		M			1,483.3347	⁽¹⁾⁽³⁾	⁽¹⁾⁽³⁾	Common Stock	1,483.3347	⁽¹⁾⁽³⁾	1,483.3347	D
Phantom Shares	⁽¹⁾⁽⁴⁾	01/30/2026		M			1,456.1772	⁽¹⁾⁽⁴⁾	⁽¹⁾⁽⁴⁾	Common Stock	1,456.1772	⁽¹⁾⁽⁴⁾	0	D

Explanation of Responses:

1. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.

2. As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

3. As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

4. As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

5. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

	/s/ Gladys Chang as Attorney-in-Fact	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Akiva Dickstein report for BlackRock Core Bond Trust (BHK)?

Akiva Dickstein reported receiving 5,548.2686 phantom shares and converting earlier phantom awards into 5,006.2876 common shares, which were then sold at $9.53 per share. These movements reflect routine compensation vesting and related share sales rather than a new open-market investment decision.

What are phantom shares in the BlackRock Core Bond Trust (BHK) Form 4 filing?

Phantom shares are awards economically equivalent to one common share but payable in cash after vesting. In this filing, they vest in equal installments over three years, and prior phantom grants were converted into common stock before the reported sale at $9.53 per share.

How many BlackRock Core Bond Trust (BHK) common shares did Akiva Dickstein sell?

The filing shows a sale of 5,006.2876 common shares of BlackRock Core Bond Trust at $9.53 per share. These shares came from the exercise of vested phantom share awards, and after this sale he reported holding zero common shares directly.

Were the BlackRock Core Bond Trust (BHK) insider transactions direct or indirect?

All reported transactions in this Form 4 are marked as directly owned. Both the phantom share awards and the resulting common stock transactions are listed with direct ownership, with no indication of trusts, LLCs, or other indirect holding entities in the ownership descriptions.

How do the BlackRock Core Bond Trust (BHK) phantom shares vest for Akiva Dickstein?

The phantom share awards vest in equal installments on each of the first three anniversaries of the grant date. Earlier grants from 2023, 2024, and 2025 followed this three-year vesting pattern, and portions vested on January 30, 2026 before being converted into common stock.

Does Akiva Dickstein still hold BlackRock Core Bond Trust (BHK) common stock after these transactions?

According to the Form 4, Dickstein reported holding zero common shares directly after selling 5,006.2876 shares at $9.53. He continues to hold phantom share awards, which are cash-settled incentives that track the value of BlackRock Core Bond Trust common stock.