Director at BlackRock Ltd (NYSE: BLW) granted cash-settled rights
Rhea-AI Filing Summary
Harris Stayce D. reported acquisition or exercise transactions in this Form 4 filing.
BLACKROCK Limited Duration Income Trust director Stayce D. Harris reported receiving a grant of 683.1900 Performance Rights on April 1, 2026. The filing shows a reference price of $12.6000 per right, bringing her total reported Performance Rights holdings to 14,688.6500.
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. Each right is convertible into the cash value of one common share of BlackRock Limited Duration Income Trust and will be settled 100% in cash at a deferral period chosen by Harris, so this is a cash-settled compensation award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 683.19 | $12.60 | $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
deferral period financial
cash value financial
FAQ
What insider transaction did BLW director Stayce D. Harris report?
How many Performance Rights in BLW does Stayce D. Harris hold after this grant?
What are Performance Rights in the context of BLW?
How will the BLW Performance Rights granted to Harris be settled?
At what reference price were the BLW Performance Rights granted?
Are the BLW Performance Rights an open-market stock purchase or sale?
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