BlackRock Limited Duration (NYSE: BLW) director adds 861.06 cash-settled rights
Rhea-AI Filing Summary
BlackRock Limited Duration Income Trust reported a director-level compensation change involving deferred performance rights linked to its common shares. On 01/02/2026, the director acquired 861.06 performance rights at a derivative price of $13.71 each. Each performance right represents the cash value of one share of BlackRock Limited Duration Income Trust and will be settled 100% in cash at a deferral period chosen by the director. After this transaction, the director beneficially owned 8,280.62 performance rights on a direct basis.
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FAQ
What insider transaction did BLW disclose for its director?
A director of BlackRock Limited Duration Income Trust (BLW) acquired 861.06 performance rights on 01/02/2026 as part of deferred compensation.
What are the performance rights reported for BlackRock Limited Duration Income Trust (BLW)?
The performance rights are accrued under the BlackRock Deferred Compensation Plan. Each right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.
How will the BLW director’s performance rights be settled?
The filing states that the performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
How many derivative securities does the BLW director own after this transaction?
Following the 01/02/2026 transaction, the director beneficially owned 8,280.62 performance rights linked to BlackRock Limited Duration Income Trust common stock.
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 and files individually, not as part of a group.
Is the BLW insider transaction related to common stock or derivatives?
The reported transaction involves derivative securities in the form of performance rights, each tied to the cash value of one share of common stock.