BLW director granted 968 Performance Rights in cash plan

HUBBARD ROBERT GLENN reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

HUBBARD ROBERT GLENN reported acquisition or exercise transactions in this Form 4 filing.

Director Robert Glenn Hubbard of BlackRock Limited Duration Income Trust (BLW) received a grant of 968.58 Performance Rights on April 1, 2026 under the BlackRock Deferred Compensation Plan. Each Performance Right reflects the cash value of one common share and will be settled 100% in cash at a future deferral date chosen by Hubbard. Following this award, he holds 71,585.45 Performance Rights tied economically to the trust’s common stock but without a current open-market share purchase or sale.

Insights

Equity compensation analyst

Routine cash-settled award; no open-market trading signal.

Robert Glenn Hubbard, a director of BLW, received 968.58 Performance Rights valued at $12.6000 each. These were granted under the BlackRock Deferred Compensation Plan as part of non-cash compensation.

Each right tracks the cash value of one common share but is settled entirely in cash at the elected deferral period. Because no shares are bought or sold and there is no current voting stake created, this filing mainly documents compensation rather than a directional bet on BLW.

The filing shows 71,585.45 Performance Rights held after the transaction. Future company filings may clarify how and when these deferred amounts are ultimately paid, but the current event is best viewed as routine director compensation.

Insider Trade Summary

Grant/Award: 968.58 shares

Grant/Award 1 txn

Insider HUBBARD ROBERT GLENN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Performance Rights	968.58	$12.60	$12K

Holdings After Transaction: Performance Rights — 71,585.45 contracts (Direct)

Footnotes (3)

1. F1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
2. F2. One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.
3. F3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

Key Figures

Performance Rights granted: 968.58 rights Grant valuation per right: $12.6000 per right Total Performance Rights after grant: 71,585.45 rights +2 more

5 metrics

Performance Rights granted 968.58 rights Grant on April 1, 2026

Grant valuation per right $12.6000 per right Reference value for Performance Rights

Total Performance Rights after grant 71,585.45 rights Holdings following transaction

Conversion or exercise price $0.0000 Performance Rights conversion price

Underlying common stock link 1 right = cash value of 1 share Economic exposure to BLW common stock

Key Terms

Performance Rights, BlackRock Deferred Compensation Plan, deferral period, cash value

4 terms

Performance Rights financial

"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."

Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.

BlackRock Deferred Compensation Plan financial

"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."

deferral period financial

"The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person."

cash value financial

"One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust."

Cash value is the amount of money you could get right away if an asset or contract were converted to cash or surrendered, after any fees or penalties. Think of it like the cash you could pull out of a savings jar when you need it; for investors it signals how much immediate liquidity or recoverable worth exists in an investment, insurance policy, or balance-sheet item.

FAQ

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

What did BLW director Robert Glenn Hubbard report in this Form 4?

He reported receiving 968.58 Performance Rights linked to BLW’s common stock. These rights were granted under the BlackRock Deferred Compensation Plan and represent deferred cash-based compensation rather than an open-market stock purchase or sale.

Are the Performance Rights reported for BLW settled in stock or cash?

The Performance Rights are settled 100% in cash. Each right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust, paid at the deferral period chosen by the reporting person, not in actual BLW shares.

How many Performance Rights does Robert Glenn Hubbard hold after this BLW transaction?

After the grant, Robert Glenn Hubbard holds 71,585.45 Performance Rights. These all relate economically to BLW common stock through their cash value but do not represent direct ownership of BLW shares or an open-market trading decision.

Was there any open-market buying or selling of BLW shares in this Form 4?

No. The Form 4 shows a grant of Performance Rights, classified as a derivative award. The transaction is a compensation-related acquisition, with no open-market purchase or sale of BLW common stock reported in this filing.

What plan governs the Performance Rights disclosed for BLW?

The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. This plan allows the director to defer compensation into rights tied to the cash value of BLW shares, which are later settled entirely in cash at the chosen deferral period.

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

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Accepted by SEC EDGAR 04/03/2026 - 04:49 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^*

HUBBARD ROBERT GLENN

(Last) (First) (Middle)

50 HUDSON YARDS

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BLACKROCK Ltd DURATION INCOME TRUST [ BLW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Performance Rights(1)	(2)	04/01/2026		A		968.58		(3)	(3)	Common Stock	968.58	$12.6	71,585.45	D

Explanation of Responses:

1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.

2. One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.

3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

	/s/ Gladys Chang as Attorney-in-Fact	04/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)