BlackRock Credit Allocation awards Flores deferred pay
The rights are to be settled entirely in cash at the deferral period Flores chose, rather than through delivery of common shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BlackRock Credit Allocation Income Trust director Lorenzo Flores acquired 1,064.09 Performance Rights on October 1, 2026, under the BlackRock Deferred Compensation Plan. The award is recorded at $9.34 per share, and his resulting direct position was 21,697.54 Performance Rights.
Each right is convertible into the cash value of one share of the trust, and the rights are to be settled 100% in cash at the deferral period Flores chose.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights F1, F2, F3 | 1,064.09 | $9.34 | $10K |
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 Credit Allocation 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
FAQ
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How many performance rights did BTZ director Lorenzo Flores acquire?
How are BTZ Performance Rights settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.