BlackRock Ltd Duration Income Trust (BLW) director discloses new Performance Rights grant
Rhea-AI Filing Summary
BlackRock Limited Duration Income Trust director reported a new grant of cash-settled incentive units linked to the trust’s common shares. On 01/02/2026, the insider acquired 674.49 Performance Rights at a derivative price of $13.71 per right. Each Performance Right is tied to the cash value of one share of BlackRock Limited Duration Income Trust and was accrued under the BlackRock Deferred Compensation Plan.
The Performance Rights will be settled 100% in cash at the deferral period chosen by the reporting person, rather than in actual fund shares. After this transaction, the director beneficially owns 14,577.18 Performance Rights, all held in direct form.
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FAQ
What insider transaction was reported for BLW in this Form 4?
A director of BlackRock Limited Duration Income Trust (BLW) reported acquiring 674.49 Performance Rights on 01/02/2026 under a deferred compensation arrangement.
How many Performance Rights does the BLW director hold after this transaction?
Following the reported transaction, the director beneficially owns 14,577.18 Performance Rights, all reported as held in direct ownership form.
What are Performance Rights in this BlackRock Limited Duration Income Trust filing?
The filing states that the Performance Rights were accrued under the BlackRock Deferred Compensation Plan, and each right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.
Are the BLW Performance Rights settled in shares or cash?
The document explains that the Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person, rather than being settled in shares.
What is the underlying security for the reported Performance Rights linked to BLW?
The underlying security for the Performance Rights is common stock of BlackRock Limited Duration Income Trust, with each right tied to the cash value of one share.
What was the derivative price associated with the BLW Performance Rights grant?
The table shows a derivative security price of $13.71 for the 674.49 Performance Rights acquired on 01/02/2026.