STOCK TITAN

Director at BlackRock Ltd (NYSE: BLW) granted cash-settled rights

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Harris Stayce D.
Role Director
Type Security Shares Price Value
Grant/Award Performance Rights 683.19 $12.60 $9K
Holdings After Transaction: Performance Rights — 14,688.65 shares (Direct)
Footnotes (1)
  1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
Performance Rights granted 683.1900 rights Award on April 1, 2026
Transaction price per right $12.6000 per Performance Right Grant reference price
Total Performance Rights after grant 14,688.6500 rights Holdings following transaction
Conversion ratio 1 right : cash value of 1 share Each Performance Right tracks one BLW common share
Settlement form 100% in cash Settlement at deferral period chosen by reporting person
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."
cash value financial
"One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust."
SEC Form 4
FORM 4UNITED 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*
Harris Stayce D.

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Rights(1)(2)04/01/2026A683.19 (3) (3)Common Stock683.19$12.614,688.65D
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-Fact04/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did BLW director Stayce D. Harris report?

Stayce D. Harris reported receiving 683.1900 Performance Rights as a grant. These rights were awarded on April 1, 2026, under a deferred compensation plan and are linked to the cash value of BlackRock Limited Duration Income Trust common shares.

How many Performance Rights in BLW does Stayce D. Harris hold after this grant?

After the April 1, 2026 grant, Stayce D. Harris holds 14,688.6500 Performance Rights. This total reflects the newly awarded 683.1900 rights added to her existing deferred compensation position in BlackRock Limited Duration Income Trust.

What are Performance Rights in the context of BLW?

Performance Rights are deferred compensation instruments linked to BLW’s share value. One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust, providing a cash-based economic exposure instead of direct share ownership.

How will the BLW Performance Rights granted to Harris be settled?

The Performance Rights will be settled 100% in cash. Settlement occurs at the deferral period chosen by Stayce D. Harris, meaning she will receive the cash value of the linked BLW shares rather than stock when the deferral period ends.

At what reference price were the BLW Performance Rights granted?

The reported reference price for the Performance Rights grant is $12.6000 per right. This price is shown in the Form 4 as the transaction price per Performance Right for the April 1, 2026 award under the deferred compensation plan.

Are the BLW Performance Rights an open-market stock purchase or sale?

No, the Performance Rights are a compensation grant, not an open-market trade. They were accrued under the BlackRock Deferred Compensation Plan and will be settled entirely in cash, based on the value of BlackRock Limited Duration Income Trust shares.