BlackRock Limited Duration Income Trust Form 4 shows cash-settled rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Limited Duration Income Trust (BLW) director reported a Form 4 transaction on 10/01/2025 involving Performance Rights under the BlackRock Deferred Compensation Plan. The transaction is coded “A” with a Price of Derivative Security of $14. Each Performance Right represents the cash value of one BLW share and will be settled 100% in cash at the deferral period chosen by the reporting person. After the transaction, the reporting person directly held 8,110.15 Performance Rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Catherine A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 17.24 | $14.00 | $241.36 |
Holdings After Transaction:
Performance Rights — 8,110.15 shares (Direct)
Footnotes (1)
- The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
FAQ
What did BLW disclose in this Form 4 filing?
A director reported an acquisition coded “A” of Performance Rights tied to BLW on 10/01/2025.
How many derivative securities does the reporting person hold after the transaction?
Following the transaction, the reporting person held 8,110.15 Performance Rights directly.
What is a Performance Right in this context?
Each Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.
How will these Performance Rights be settled?
They are to be settled 100% in cash at the deferral period chosen by the reporting person.
What price is shown for the derivative security?
The Form 4 lists a Price of Derivative Security of $14.
Under which plan were the rights accrued?
They were accrued under the BlackRock Deferred Compensation Plan.