BlackRock Limited Duration Income Trust (NYSE: BLW) director gains 86.03 cash-settled rights
Rhea-AI Filing Summary
A director of BlackRock Limited Duration Income Trust reported a new deferred compensation award tied to the trust’s common shares. On 01/02/2026, the director acquired 86.03 Performance Rights at a reference price of $13.71 per right under the BlackRock Deferred Compensation Plan. Each Performance Right represents the cash value of one share of BlackRock Limited Duration Income Trust and is designed to be settled 100% in cash at a future deferral date chosen by the director.
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FAQ
What insider transaction did BLW disclose in this filing?
A director of BlackRock Limited Duration Income Trust (BLW) reported acquiring 86.03 Performance Rights on 01/02/2026 under a deferred compensation plan.
What are the Performance Rights reported for BlackRock Limited Duration Income Trust (BLW)?
The filing states that one Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.
How will the BLW Performance Rights be settled?
According to the disclosure, the Performance Rights are to be settled 100% in cash at the deferral period selected by the reporting person.
What was the reference value used for the BLW Performance Rights award?
The director’s 86.03 Performance Rights were credited at a reference price of $13.71 per right.
What is the relationship of the reporting person to BlackRock Limited Duration Income Trust (BLW)?
The reporting person is identified as a Director of BlackRock Limited Duration Income Trust.
Are the BLW Performance Rights settled in stock or cash?
The filing specifies that the Performance Rights tied to BLW are settled entirely in cash, based on the value of the trust’s shares.