BlackRock BLW director granted 84.66 performance rights

KESTER W CARL reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

KESTER W CARL reported acquisition or exercise transactions in this Form 4 filing.

BLACKROCK Limited Duration Income Trust director Carl W. Kester received 84.66 Performance Rights as compensation. These rights were granted on July 1, 2026 under the BlackRock Deferred Compensation Plan and are a form of cash-settled incentive tied to the trust’s common stock value.

Each Performance Right corresponds to the cash value of one share of BlackRock Limited Duration Income Trust and will be settled 100% in cash at a future deferral date chosen by Kester. Following this grant, he now holds a total of 29,435.39 Performance Rights, reinforcing his compensation alignment with the fund’s performance rather than reflecting an open-market stock purchase or sale.

Insider Trade Summary

Grant/Award: 84.66 shares

Grant/Award 1 txn

Insider KESTER W CARL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Performance Rights	84.66	$12.46	$1K

Holdings After Transaction: Performance Rights — 29,435.39 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: 84.66 rights Price reference per right: $12.46 per right Total Performance Rights after grant: 29,435.39 rights +1 more

4 metrics

Performance Rights granted 84.66 rights Grant on July 1, 2026 under BlackRock Deferred Compensation Plan

Price reference per right $12.46 per right Transaction price per underlying share for the July 1, 2026 grant

Total Performance Rights after grant 29,435.39 rights Holdings following the July 1, 2026 Performance Rights award

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

Key Terms

Performance Rights, BlackRock Deferred Compensation Plan, convertible into the cash value of one share, settled 100% in cash

4 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."

convertible into the cash value of one share financial

"One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust."

settled 100% in cash 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 did Carl W. Kester acquire in this BlackRock (BLW) Form 4 filing?

Carl W. Kester received 84.66 Performance Rights linked to BlackRock Limited Duration Income Trust. These are compensation awards, not open-market share purchases, and give him cash based on the value of an equivalent number of BLW shares at settlement.

Are the BLW Performance Rights granted to Carl W. Kester settled in stock or cash?

The Performance Rights are settled 100% in cash, not in BLW shares. Each right pays the cash value of one BlackRock Limited Duration Income Trust share at the chosen deferral date, making this a cash-settled incentive rather than direct stock ownership.

How many Performance Rights does Carl W. Kester hold after this BLW transaction?

After the July 1, 2026 grant of 84.66 Performance Rights, Carl W. Kester holds 29,435.39 Performance Rights. This total reflects his accumulated cash-settled awards tied to the value of BlackRock Limited Duration Income Trust common shares over time.

Does this BLW Form 4 show Carl W. Kester buying or selling common stock?

No, the filing reports a grant of Performance Rights, not a stock trade. These rights are derivative compensation instruments, settled entirely in cash based on BLW’s share value, so there is no direct open-market buying or selling of common shares.

What plan governs the Performance Rights reported for BlackRock (BLW) director Carl W. Kester?

The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. This plan allows compensation to be deferred and linked to the cash value of BlackRock Limited Duration Income Trust shares, with settlement at a future date selected by the reporting person.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/06/2026 - 06:04 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^*

KESTER W CARL

(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)
07/01/2026

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)	07/01/2026		A		84.66		(3)	(3)	Common Stock	84.66	$12.46	29,435.39	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	07/06/2026
	** 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)