BlackRock Ltd Duration director granted 744 rights
BLACKROCK Limited Duration Income Trust director James Phillip Holloman reported a compensation grant of cash-settled performance rights.
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Rhea-AI Filing Summary
BLACKROCK Limited Duration Income Trust director James Phillip Holloman reported a compensation grant of cash-settled performance rights. On this Form 4, he acquired 744.17 Performance Rights, each tied to the cash value of one share of BlackRock Limited Duration Income Trust.
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan and are to be settled 100% in cash at the deferral period he selected. Following this award, his reported holdings in these Performance Rights total 16,857.00, reflecting a routine compensation-related acquisition rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 744.17 | $12.46 | $9K |
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.
Key Figures
Key Terms
Performance Rights financial
BlackRock Deferred Compensation Plan financial
Form 4 regulatory
cash value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did James Phillip Holloman report in this Form 4 for BLW?
Are the BLW Performance Rights granted to Holloman settled in stock or cash?
How many BLW Performance Rights does Holloman hold after this transaction?
What is the economic value reference for each BLW Performance Right?
Was this BLW Form 4 transaction a market buy or sell of common stock?
Under what plan were Holloman’s BLW Performance Rights accrued?
AI-generated analysis. How Rhea-AI works. Not financial advice.