BlackRock Limited Duration Income Trust (BLW) director reports cash-settled rights
Rhea-AI Filing Summary
BlackRock Limited Duration Income Trust reported a director’s deferred compensation award using derivative securities. On 01/02/2026, the director acquired 888.75 Performance Rights, each tied to the cash value of one share of BlackRock Limited Duration Income Trust at a reference price of $13.71. After this transaction, the director beneficially owned 68,845.19 derivative securities on a direct basis.
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. Each right is convertible into the cash value of one common share and is to be settled 100% in cash at a deferral period chosen by the director, meaning no shares of the trust are delivered when they settle.
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FAQ
What insider transaction did BlackRock Limited Duration Income Trust (BLW) report?
A director acquired 888.75 Performance Rights on 01/02/2026 under a deferred compensation arrangement tied to the cash value of the trust’s common shares.
What are the Performance Rights reported for BLW?
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. Each right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust and will be settled entirely in cash.
How many derivative securities does the BLW director own after this transaction?
Following the reported transaction, the director beneficially owned 68,845.19 derivative securities, all held in a direct capacity.
At what reference price were the BLW Performance Rights recorded?
The 888.75 Performance Rights reported for 01/02/2026 were linked to a price of $13.71 for the underlying common stock of BlackRock Limited Duration Income Trust.
Will the BLW Performance Rights be settled in shares or cash?
The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person, based on the cash value of the trust’s common shares.
What role does the reporting person hold at BlackRock Limited Duration Income Trust (BLW)?
The reporting person is identified as a director of BlackRock Limited Duration Income Trust and files individually as one reporting person.