BlackRock LD Income Trust director reports 841.33 performance rights
Rhea-AI Filing Summary
Arthur Philip Steinmetz, a director of BlackRock Limited Duration Income Trust (BLW), reported a transaction dated 10/01/2025 on Form 4 showing the acquisition of 841.33 Performance Rights under the BlackRock Deferred Compensation Plan. The filing states each Performance Right is convertible into the cash value of one share of BLW and that the Performance Rights "are to be settled 100% in cash" at the deferral election chosen by the reporting person.
The table in the filing lists a price of $14 and shows 7,240.69 shares (or share-equivalents) beneficially owned by the reporting person following the reported transaction. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 10/03/2025.
Positive
- 841.33 Performance Rights acquired under the BlackRock Deferred Compensation Plan, indicating continued alignment of the director with the issuer
- Performance Rights settle 100% in cash, clarifying the form of eventual payout
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 841.33 | $14.00 | $12K |
Footnotes (3)
- F1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
- F2. One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.
- F3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
FAQ
What did BLW director Arthur Philip Steinmetz report on Form 4?
How are the Performance Rights for BLW settled?
What price is shown on the Form 4 for the reported transaction?
When was the Form 4 signed and filed?
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