BlackRock Limited Duration Income Trust (BLW) director awarded 626.88 cash-settled rights
Rhea-AI Filing Summary
BlackRock Limited Duration Income Trust reported a routine director compensation change. On 01/02/2026, a director of the trust accrued 626.88 Performance Rights under the BlackRock Deferred Compensation Plan at a reference price of $13.71 per right. Each Performance Right represents the cash value of one share of BlackRock Limited Duration Income Trust common stock, but will be settled entirely in cash at a future deferral date chosen by the director rather than in actual shares. Following this accrual, the director beneficially owns 13,654.08 derivative securities linked to the trust’s common stock, reflecting deferred, cash-settled compensation rather than an immediate stock purchase or sale.
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FAQ
What insider transaction did BLW report in this Form 4?
The trust reported that a director accrued 626.88 Performance Rights on 01/02/2026 under the BlackRock Deferred Compensation Plan, linked to the value of its common stock.
What are the Performance Rights reported for BlackRock Limited Duration Income Trust (BLW)?
The filing explains that each Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust, providing cash-based exposure to the stock price.
How many derivative securities does the BLW director hold after this transaction?
After the reported transaction, the director beneficially owns 13,654.08 derivative securities tied to BlackRock Limited Duration Income Trust common stock.
Is the BLW director’s Performance Rights award paid in stock or cash?
The filing states that the Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person, not in shares.
What price is associated with the newly accrued BLW Performance Rights?
The 626.88 Performance Rights accrued on 01/02/2026 are shown with a price of $13.71, reflecting the value reference per underlying share.
What is the relationship of the reporting person to BlackRock Limited Duration Income Trust (BLW)?
The reporting person is identified as a Director of BlackRock Limited Duration Income Trust and filed the Form 4 as a single reporting person.