BlackRock Income Trust (BKT) manager exits shares, adds 1,819 phantom units

Rhea-AI Filing Summary

BlackRock Income Trust, Inc. (BKT) portfolio manager Nicholas Andrew Kramvis reported several transactions on January 30, 2026. He exercised 2,044.9171 phantom shares into the same number of common shares at a price of $0.00 per share, then disposed of those 2,044.9171 common shares at $11.10 per share, leaving no directly held common stock.

On the same date, he was credited with a new award of 1,818.6937 phantom shares at a reference price of $11.10, bringing his directly held phantom share balance to 4,089.8342. The filing explains that each phantom share is economically equivalent to one share of common stock but is payable in cash, subject to vesting in equal installments over three years.

Insider Trade Summary

2,044.917 shares exercised/converted

Mixed 4 txns

Insider Kramvis Nicholas Andrew

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	1,818.694	$11.10	$20K
Exercise	Phantom Shares	2,044.917	$0.00	--
Exercise	Common Stock	2,044.917	$0.00	--
Disposition	Common Stock	2,044.917	$11.10	$23K

Holdings After Transaction: Phantom Shares — 1,818.694 shares (Direct); Common Stock — 2,044.917 shares (Direct)

Footnotes (1)

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. 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 →

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^*

Kramvis Nicholas Andrew

(Last) (First) (Middle)

50 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BLACKROCK INCOME TRUST, INC. [ BKT ]

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/30/2026		M		2,044.9171	A	(1)(2)	2,044.9171	D
Common Stock	01/30/2026		D		2,044.9171	D	$11.1(1)(2)	0.0000	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Shares	(1)(3)	01/30/2026		A		1,818.6937		(1)(3)	(1)(3)	Common Stock	1,818.6937	$11.1	1,818.6937	D
Phantom Shares	(1)(2)	01/30/2026		M			2,044.9171	(1)(2)	(1)(2)	Common Stock	2,044.9171	(1)(2)	4,089.8342	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. 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.

FAQ

What insider activity did Nicholas Andrew Kramvis report for BKT on January 30, 2026?

Kramvis reported exercising 2,044.9171 phantom shares into common stock at $0.00 per share and then selling 2,044.9171 common shares at $11.10 per share, leaving no directly held common stock after the transactions.

How many phantom shares does Nicholas Andrew Kramvis hold in BlackRock Income Trust after this Form 4?

After the transactions, Kramvis holds 4,089.8342 phantom shares. This includes a new award of 1,818.6937 phantom shares credited on January 30, 2026, combined with previously outstanding phantom share awards reported in earlier filings.

What are phantom shares in the context of BlackRock Income Trust (BKT)?

Phantom shares are the economic equivalent of one share of BKT common stock but are payable in cash, not actual shares. Payment is subject to vesting requirements, typically in equal installments over a three-year period from the grant or award date.

Did Nicholas Andrew Kramvis buy or sell BlackRock Income Trust common stock in this filing?

Yes. Kramvis acquired 2,044.9171 shares of BKT common stock through the exercise of phantom shares at $0.00 per share, then sold 2,044.9171 common shares at $11.10 per share, ending with zero directly held common shares.

How do the new phantom shares granted to Kramvis vest at BlackRock Income Trust?

The phantom shares granted to Kramvis vest in equal installments over three years. Each installment typically becomes payable in cash on the first, second, and third anniversaries of the grant or award date, assuming vesting requirements are satisfied.

What role does Nicholas Andrew Kramvis hold at BlackRock Income Trust (BKT)?

Kramvis is identified as a portfolio manager for BlackRock Income Trust, Inc. This role is disclosed in the Form 4, where he reports his beneficial ownership changes and transactions in common stock and phantom share awards.