BLW director granted 800.71 cash-settled rights

Flores Lorenzo reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Flores Lorenzo reported acquisition or exercise transactions in this Form 4 filing.

BLACKROCK Ltd DURATION INCOME TRUST director Lorenzo Flores received a grant of 800.7100 Performance Rights on Common Stock at a reference price of $12.6000 per right. Following this award, he holds 15102.2300 Performance Rights directly.

Each Performance Right was accrued under the BlackRock Deferred Compensation Plan and is convertible into the cash value of one share of BlackRock Limited Duration Income Trust. The Performance Rights will be settled 100% in cash at a deferral period chosen by Flores, making this a cash-settled, compensation-related award rather than an open-market stock purchase.

Insider Trade Summary

Grant/Award: 800.71 shares

Grant/Award 1 txn

Insider Flores Lorenzo

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Performance Rights	800.71	$12.60	$10K

Holdings After Transaction: Performance Rights — 15,102.23 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: 800.7100 rights Reference price per right: $12.6000 Total Performance Rights after grant: 15102.2300 rights +1 more

4 metrics

Performance Rights granted 800.7100 rights Grant on 2026-04-01 under deferred compensation plan

Reference price per right $12.6000 Price per Performance Right at grant

Total Performance Rights after grant 15102.2300 rights Holdings following reported transaction

Conversion ratio 1 right : 1 BLW share cash value Each right equals cash value of one BLW share

Key Terms

Performance Rights, BlackRock Deferred Compensation Plan, deferral period

3 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."

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 insider transaction did BLW director Lorenzo Flores report?

Lorenzo Flores reported receiving 800.7100 Performance Rights tied to BLW common stock as a compensation grant. These rights were awarded under the BlackRock Deferred Compensation Plan and increase his total Performance Rights holdings to 15102.2300, all held directly.

How many BLW Performance Rights were granted to Lorenzo Flores?

Flores was granted 800.7100 Performance Rights linked to BLW common stock. Each right represents the cash value of one BLW share and will be settled entirely in cash at a future deferral period he selected under the deferred compensation plan.

What is the value basis for the BLW Performance Rights grant to Flores?

The Performance Rights were granted at a reference price of $12.6000 per right. This price applies to 800.7100 rights tied to BLW common stock and is disclosed in the filing, though the rights themselves are settled in cash rather than delivering actual shares.

Are Lorenzo Flores’s BLW Performance Rights settled in stock or cash?

The Performance Rights are settled 100% in cash at the deferral period chosen by Flores. Each right converts into the cash value of one BLW share, meaning he receives a cash payment instead of receiving or holding additional BLW shares directly.

How many BLW Performance Rights does Lorenzo Flores hold after this grant?

After the grant, Flores holds a total of 15102.2300 Performance Rights directly. All were accrued under the BlackRock Deferred Compensation Plan and each is tied to the cash value of one BLW share, to be settled fully in cash in the future.

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

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Accepted by SEC EDGAR 04/03/2026 - 04:42 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^*

Flores Lorenzo

(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		800.71		(3)	(3)	Common Stock	800.71	$12.6	15,102.23	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)