BlackRock Tech PE Trust grants 29,270 phantom shares

BlackRock Technology & Private Equity Term Trust reported that portfolio manager Tony Kim received a grant of 29,270.828 phantom shares on January 30, 2026.

Accepted by SEC EDGAR 02/03/2026 - 07:27 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

BlackRock Technology & Private Equity Term Trust reported that portfolio manager Tony Kim received a grant of 29,270.828 phantom shares on January 30, 2026. The filing shows a reference price of $7.85 per phantom share and indicates the position is held directly.

Each phantom share is the economic equivalent of one share of common stock and, subject to vesting requirements, will be payable in cash. These phantom shares vest in equal installments on each of the first three anniversaries of the award, giving Kim a time-based, cash-settled incentive tied to the trust’s common stock value.

Insider Trade Summary

Grant/Award: 29,270.828 shares

Grant/Award 1 txn

Insider Kim Tony

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	29,270.828	$7.85	$230K

Holdings After Transaction: Phantom Shares — 29,270.828 contracts (Direct)

Footnotes (2)

1. F1. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
2. F2. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Tony Kim report for BTX?

Tony Kim reported receiving 29,270.828 phantom shares tied to BlackRock Technology & Private Equity Term Trust common stock. The award was granted on January 30, 2026 and is reported as a directly held derivative position on a Form 4 filing.

What are phantom shares in the BlackRock Technology & Private Equity Term Trust (BTX) filing?

The phantom shares are described as the economic equivalent of one share of common stock. Subject to vesting requirements, they become payable in cash, giving the holder cash payments linked to the value of the trust’s common stock rather than actual share delivery.

How many phantom shares does Tony Kim hold after this BTX transaction?

After the reported transaction, Tony Kim beneficially owns 29,270.828 phantom shares. These are listed as derivative securities directly held, with the entire position arising from the January 30, 2026 award shown in the Form 4 disclosure.

When do Tony Kim’s BTX phantom shares vest?

The phantom shares vest in equal installments on each of the first three anniversaries of the award. This means the 29,270.828 phantom shares are scheduled to vest over three years from the January 30, 2026 grant date, subject to applicable vesting requirements.

What price is associated with Tony Kim’s BTX phantom share award?

The Form 4 lists a price of $7.85 for the phantom shares. This price is tied to the derivative award of 29,270.828 phantom shares linked to BlackRock Technology & Private Equity Term Trust common stock, as reported for the January 30, 2026 transaction.

What is Tony Kim’s relationship to BlackRock Technology & Private Equity Term Trust (BTX)?

Tony Kim is identified as a portfolio manager of BlackRock Technology & Private Equity Term Trust. The Form 4 indicates he is not a director or 10% owner, and the reported derivative award reflects compensation linked to the trust’s common stock performance.

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

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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^*

Kim Tony

(Last) (First) (Middle)

50 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BlackRock Technology & Private Equity Term Trust [ BTX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Portfolio Manager

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Phantom Shares	(1)(2)	01/30/2026		A		29,270.828		(1)(2)	(1)(2)	Common Stock	29,270.828	$7.85	29,270.828	D

Explanation of Responses:

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.

2. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

	/s/ Gladys Chang as Attorney-in-Fact	02/03/2026
	** 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.