BlackRock Income Trust manager sells 4,081 shares

BlackRock Income Trust portfolio manager Matthew Kraeger reported several compensation-related transactions on January 30, 2026.

Rhea-AI Filing Summary

BlackRock Income Trust portfolio manager Matthew Kraeger reported several compensation-related transactions on January 30, 2026. He received 4,515.2027 phantom shares, which are economically equivalent to common stock and become payable in cash as they vest over three years.

On the same date, previously granted phantom shares from 2023, 2024, and 2025 awards were partially converted into common stock and then 4,081.3417 common shares were sold at $11.10 per share. Following these transactions, he directly owned 560 common shares of BlackRock Income Trust.

Insider Trade Summary

4,081.3417 shares exercised/converted

Exercise 6 txns

Insider Kraeger Matthew

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	4,515.2027	$11.10	$50K
Exercise	Phantom Shares	1,534.5278	$0.00	$0.00
Exercise	Phantom Shares	1,336.8595	$0.00	$0.00
Exercise	Phantom Shares	1,209.9544	$0.00	$0.00
Exercise	Common Stock	4,081.3417	$0.00	$0.00
Disposition	Common Stock	4,081.3417	$11.10	$45K

Holdings After Transaction: Phantom Shares — 8,921.1178 contracts (Direct); Common Stock — 560 shares (Direct)

Footnotes (5)

1. F1. 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. F2. 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. F3. 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. F4. 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. F5. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Matthew Kraeger report for BlackRock Income Trust (BKT)?

Matthew Kraeger reported a new phantom share grant and a stock sale. He was granted 4,515.2027 phantom shares and sold 4,081.3417 common shares at $11.10 on January 30, 2026, ending with 560 common shares directly owned.

What are phantom shares in the BlackRock Income Trust (BKT) Form 4 filing?

Phantom shares are cash-settled units tied to common stock value. Each phantom share is the economic equivalent of one common share and, subject to vesting requirements, becomes payable in cash in equal installments over the first three anniversaries of the applicable award date.

How many BlackRock Income Trust (BKT) common shares did Kraeger sell and at what price?

Kraeger sold 4,081.3417 common shares at $11.10 per share. The sale occurred on January 30, 2026, following the exercise of previously granted phantom shares that converted into common stock before being disposed of in this transaction.

How many BlackRock Income Trust (BKT) common shares does Kraeger hold after the reported transactions?

After the reported activity, Kraeger directly owns 560 common shares. This post-transaction balance reflects the net position remaining after exercising phantom shares into common stock and then selling 4,081.3417 common shares at $11.10 on January 30, 2026.

What new phantom share award did Kraeger receive from BlackRock Income Trust (BKT)?

Kraeger received an award of 4,515.2027 phantom shares on January 30, 2026. These phantom shares are economically equivalent to common stock and vest in equal installments on each of the first three anniversaries of the award, becoming payable in cash upon vesting.

How do the earlier BlackRock Income Trust (BKT) phantom share grants vest?

Earlier phantom share grants vest over three years in equal installments. Awards originally granted on January 31 of 2023, 2024, and 2025 each vest one-third per year on the first three anniversaries of their respective grant dates, with payment made in cash upon vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/03/2026 - 04:38 PM Learn about SEC filing dates

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^*

Kraeger Matthew

(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		4,081.3417	A	(1)(2)(3)(4)	4,641.3417	D
Common Stock	01/30/2026		D		4,081.3417	D	$11.1(1)(2)(3)(4)	560	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)(5)	01/30/2026		A		4,515.2027		(1)(5)	(1)(5)	Common Stock	4,515.2027	$11.1	4,515.2027	D
Phantom Shares	(1)(2)	01/30/2026		M			1,534.5278	(1)(2)	(1)(2)	Common Stock	1,534.5278	(1)(2)	3,069.0556	D
Phantom Shares	(1)(3)	01/30/2026		M			1,336.8595	(1)(3)	(1)(3)	Common Stock	1,336.8595	(1)(3)	1,336.8595	D
Phantom Shares	(1)(4)	01/30/2026		M			1,209.9544	(1)(4)	(1)(4)	Common Stock	1,209.9544	(1)(4)	0.0000	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.