[Form 4] BlackRock Health Sciences Term Trust Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Health Sciences Term Trust (BMEZ) portfolio manager Erin H. Xie reported a mix of phantom share awards, exercises, and a stock sale on January 30, 2026. Xie was granted 17,560.4931 phantom shares, each economically equivalent to one common share and payable in cash subject to vesting.
On the same date, Xie exercised previously granted phantom shares into 25,676.2744 common shares, then disposed of all 25,676.2744 common shares in a sale at $15.21 per share, leaving no directly owned common stock after the transactions. The phantom share awards vest in equal installments over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,676.274 shares exercised/converted
Mixed
6 txns
Insider
Xie H Erin
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 17,560.493 | $15.21 | $267K |
| Exercise | Phantom Shares | 8,915.347 | $0.00 | -- |
| Exercise | Phantom Shares | 8,861.551 | $0.00 | -- |
| Exercise | Phantom Shares | 7,899.377 | $0.00 | -- |
| Exercise | Common Stock | 25,676.274 | $0.00 | -- |
| Disposition | Common Stock | 25,676.274 | $15.21 | $391K |
Holdings After Transaction:
Phantom Shares — 17,560.493 shares (Direct);
Common Stock — 25,676.274 shares (Direct)
Footnotes (1)
- A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash. As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. These phantom shares vest in equal installments on each of the first three anniversaries of the award.