BlackRock trust director gets 968.6800 performance rights

Steinmetz Arthur Philip reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Steinmetz Arthur Philip reported acquisition or exercise transactions in this Form 4 filing.

BLACKROCK Limited Duration Income Trust director Arthur Philip Steinmetz received a grant of 968.6800 Performance Rights on April 1, 2026. Each Performance Right represents the cash value of one share of BlackRock Limited Duration Income Trust.

The rights were accrued under the BlackRock Deferred Compensation Plan and are to be settled 100% in cash at the deferral period chosen by the director, so no common shares are issued through this award. Following the grant, Steinmetz holds a total of 9462.3900 Performance Rights, all reported as directly owned compensation-linked instruments.

Insider Trade Summary

Grant/Award: 968.68 shares

Grant/Award 1 txn

Insider Steinmetz Arthur Philip

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Performance Rights	968.68	$12.60	$12K

Holdings After Transaction: Performance Rights — 9,462.39 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: 968.6800 rights Grant reference price: $12.6000 per right Total Performance Rights after grant: 9462.3900 rights +1 more

4 metrics

Performance Rights granted 968.6800 rights Grant on April 1, 2026 to director Steinmetz

Grant reference price $12.6000 per right Valuation used for the 968.6800 Performance Rights

Total Performance Rights after grant 9462.3900 rights Director’s holdings following the transaction

Underlying shares per right 1 share equivalent Each right equals cash value of one BLW share

Key Terms

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

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."

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.

deferral period financial

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

FAQ

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

What did Arthur Philip Steinmetz report in this Form 4 for BLW?

Arthur Philip Steinmetz reported receiving 968.6800 Performance Rights linked to BlackRock Limited Duration Income Trust. These rights are a compensation award, not an open-market trade, and are tied to the cash value of the trust’s common shares.

Are the BLW Performance Rights granted to Steinmetz settled in stock or cash?

The Performance Rights are settled 100% in cash, not in stock. At settlement, each right pays the cash value of one share of BlackRock Limited Duration Income Trust, based on the plan’s terms and the chosen deferral period.

How many BLW Performance Rights does Steinmetz hold after this grant?

After the grant, Arthur Philip Steinmetz holds 9462.3900 Performance Rights. This total includes the newly awarded 968.6800 rights and represents his full reported position in these cash-settled compensation instruments tied to the trust’s shares.

At what reference price were Steinmetz’s new BLW Performance Rights recorded?

The 968.6800 Performance Rights were recorded at $12.6000 per right. This figure reflects the plan’s valuation at the grant date and is tied to the underlying common stock of BlackRock Limited Duration Income Trust for cash-settlement purposes.

What is a Performance Right in the context of BLW’s deferred compensation plan?

A Performance Right here is a cash-settled unit that tracks the value of one BLW share. Under the BlackRock Deferred Compensation Plan, each right converts into the cash value of a share at the end of the deferral period selected by the director.

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

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Accepted by SEC EDGAR 04/03/2026 - 04:36 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^*

Steinmetz Arthur Philip

(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		968.68		(3)	(3)	Common Stock	968.68	$12.6	9,462.39	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)