[Form 4] BLACKROCK CREDIT ALLOCATION INCOME TRUST Insider Trading Activity
Catherine A. Lynch, a Director of BlackRock Credit Allocation Income Trust (BTZ), reported on Form 4 that she acquired 21.6 Performance Rights on 10/01/2025 under the BlackRock Deferred Compensation Plan. Each Performance Right is convertible into the cash value of one share of the issuer and the awards are to be settled 100% in cash at the deferral period selected by the reporting person. The filing shows a per‑unit monetary reference of $11.03 and is signed by an attorney‑in‑fact on 10/03/2025. The report indicates these are non‑derivative/derivative compensation awards accrued as part of director compensation rather than open‑market purchases or sales.
Catherine A. Lynch, una Direttrice di BlackRock Credit Allocation Income Trust (BTZ), ha riportato nel modulo 4 che ha acquisito 21,6 Performance Rights il 01/10/2025 ai sensi del BlackRock Deferred Compensation Plan. Ogni Performance Right è convertibile nel valore in contanti di una quota azionaria dell'emittente e gli awards sono regolati 100% in contanti al periodo differito scelto dalla persona che riferisce. La dichiarazione mostra un riferimento monetario per unità di $11,03 ed è firmata da un procuratore-in-fatto il 03/10/2025. Il rapporto indica che si tratta di premi di compensazione non derivativi/derivati maturati come parte della retribuzione del direttore, piuttosto che di acquisti o vendite sul mercato aperto.
Catherine A. Lynch, una Directora de BlackRock Credit Allocation Income Trust (BTZ), informó en el Formulario 4 que adquirió 21,6 Performance Rights el 01/10/2025 bajo el BlackRock Deferred Compensation Plan. Cada Rights de Rendimiento se puede convertir en el valor en efectivo de una acción del emisor y los premios se liquidarán 100% en efectivo en el periodo de aplazamiento seleccionado por la persona que informa. La presentación muestra una referencia monetaria por unidad de $11,03 y está firmada por un abogado‑en‑hecho el 03/10/2025. El informe indica que estos son premios de compensación no derivados/derivados acumulados como parte de la compensación de director, en lugar de compras o ventas en el mercado abierto.
Catherine A. Lynch는 BlackRock Credit Allocation Income Trust (BTZ)의 이사로서, Form 4에 따라 10/01/2025에 21.6 Performance Rights를 BlackRock Deferred Compensation Plan에 따라 취득했다고 보고했습니다. 각 퍼포먼스 권리는 발행인의 주식 1주의 현금가로 전환될 수 있으며 보상은 보고자에 의해 선택된 연기 기간에 전액 현금으로 지급될 예정입니다. 신고서는 단위당 화폐 기준이 $11.03임을 보여주며, 2025년 10월 3일에 대리인 서명을 받았습니다. 이 보고서는 이것들이 비파생/파생 보상으로서 이사 보상의 일부로 누적된 보상으로서, 공개 시장에서의 매매가 아님을 나타냅니다.
Catherine A. Lynch, une Directrice de BlackRock Credit Allocation Income Trust (BTZ), a indiqué dans le formulaire 4 avoir acquis 21,6 Performance Rights le 01/10/2025 dans le cadre du BlackRock Deferred Compensation Plan. Chaque Performance Right peut être converti en la valeur en espèces d'une action de l'émetteur et les awards seront réglés à 100% en espèces à la période de report choisie par la personne qui dépose. Le dépôt indique une référence monétaire par unité de $11,03 et est signé par un mandataire le 03/10/2025. Le rapport indique qu'il s'agit de récompenses de compensation non dérivées/dérivées accumulées dans le cadre de la rémunération des administrateurs, et non d'achats ou ventes sur le marché libre.
Catherine A. Lynch, eine Direktorin des BlackRock Credit Allocation Income Trust (BTZ), berichtete im Formular 4, dass sie 21,6 Performance Rights am 01.10.2025 gemäß dem BlackRock Deferred Compensation Plan erworben hat. Jeder Performance Right ist in den Barwert einer Aktie des Emittenten wandelbar, und die Zuwendungen werden 100% in bar am vom Meldenden gewählten Abzugszeitraum erledigt. Die Einreichung zeigt einen per Einheit monetären Referenzwert von $11,03 und ist von einem Bevollmächtigten am 03.10.2025 unterzeichnet. Der Bericht gibt an, dass es sich um nicht-derivative/derivative Vergütungszuwendungen handelt, die im Rahmen der Direktorvergütung entstanden sind, statt um Käufe oder Verkäufe am offenen Markt.
كاثرين أ. لينش، مديرة في BlackRock Credit Allocation Income Trust (BTZ)، أفادت في النموذج 4 بأنها اكتسبت 21.6 حقوق أداء في 01/10/2025 بموجب خطة التعويض المؤجل من بلاك روك. يمكن تحويل كل حق أداء إلى القيمة النقدية لسهم واحد من المصدر، وسيتم تسوية الجوائز 100% نقداً خلال فترة التأجيل المختارة من قبل الشخص المبلغ. يظهر الملف المرجع النقدي للوحدة بمقدار $11.03 وموقع من وكيل‑اً بالوكالة في 03/10/2025. يشير التقرير إلى أن هذه الجوائز تعويض غير مشتق/مشتق مكتسبة كجزء من تعويض مدير، وليس عمليات شراء أو بيع في السوق المفتوح.
Catherine A. Lynch，一位 BlackRock Credit Allocation Income Trust (BTZ) 的 董事，在 Form 4 上报告她于 2025/10/01 根据 BlackRock Deferred Compensation Plan 获得了 21.6 项绩效权利。每项绩效权利可兑换为发行人一股的现金价值，且奖励将于报告人所选择的延期期内 100% 以现金结清。申报显示每单位的货币参考为 $11.03，并于 2025/10/03 由授权代理人签署。报告指出这些属于非衍生/衍生的薪酬奖励，作为董事薪酬的一部分累积，而非公开市场的买卖。
- 21.6 Performance Rights acquired under the BlackRock Deferred Compensation Plan
- Awards are settled 100% in cash, avoiding immediate share dilution
- None.
Insights
Director received deferred cash‑settled performance rights: 21.6 units, settled in cash.
These Performance Rights were accrued under the BlackRock Deferred Compensation Plan, indicating they are part of long‑term director compensation rather than immediate stock grants. Because each right converts to the cash value of one share, there is no direct issuance of common shares upon settlement.
This structure preserves cash settlement exposure to the trust's share value without increasing outstanding share count; investors should note the awards create potential future cash obligations for the issuer tied to BTZ's share value at settlement.
Insider activity is routine compensation reporting, not a market transaction.
The filing lists 10/01/2025 as the transaction date and is signed on 10/03/2025, showing timely disclosure. The use of an attorney‑in‑fact to sign is noted but routine for SEC filings.
Because the award is cash‑settled and accrued, it affects insider economic exposure but does not immediately dilute shareholders through new share issuance.
Catherine A. Lynch, una Direttrice di BlackRock Credit Allocation Income Trust (BTZ), ha riportato nel modulo 4 che ha acquisito 21,6 Performance Rights il 01/10/2025 ai sensi del BlackRock Deferred Compensation Plan. Ogni Performance Right è convertibile nel valore in contanti di una quota azionaria dell'emittente e gli awards sono regolati 100% in contanti al periodo differito scelto dalla persona che riferisce. La dichiarazione mostra un riferimento monetario per unità di $11,03 ed è firmata da un procuratore-in-fatto il 03/10/2025. Il rapporto indica che si tratta di premi di compensazione non derivativi/derivati maturati come parte della retribuzione del direttore, piuttosto che di acquisti o vendite sul mercato aperto.
Catherine A. Lynch, una Directora de BlackRock Credit Allocation Income Trust (BTZ), informó en el Formulario 4 que adquirió 21,6 Performance Rights el 01/10/2025 bajo el BlackRock Deferred Compensation Plan. Cada Rights de Rendimiento se puede convertir en el valor en efectivo de una acción del emisor y los premios se liquidarán 100% en efectivo en el periodo de aplazamiento seleccionado por la persona que informa. La presentación muestra una referencia monetaria por unidad de $11,03 y está firmada por un abogado‑en‑hecho el 03/10/2025. El informe indica que estos son premios de compensación no derivados/derivados acumulados como parte de la compensación de director, en lugar de compras o ventas en el mercado abierto.
Catherine A. Lynch는 BlackRock Credit Allocation Income Trust (BTZ)의 이사로서, Form 4에 따라 10/01/2025에 21.6 Performance Rights를 BlackRock Deferred Compensation Plan에 따라 취득했다고 보고했습니다. 각 퍼포먼스 권리는 발행인의 주식 1주의 현금가로 전환될 수 있으며 보상은 보고자에 의해 선택된 연기 기간에 전액 현금으로 지급될 예정입니다. 신고서는 단위당 화폐 기준이 $11.03임을 보여주며, 2025년 10월 3일에 대리인 서명을 받았습니다. 이 보고서는 이것들이 비파생/파생 보상으로서 이사 보상의 일부로 누적된 보상으로서, 공개 시장에서의 매매가 아님을 나타냅니다.
Catherine A. Lynch, une Directrice de BlackRock Credit Allocation Income Trust (BTZ), a indiqué dans le formulaire 4 avoir acquis 21,6 Performance Rights le 01/10/2025 dans le cadre du BlackRock Deferred Compensation Plan. Chaque Performance Right peut être converti en la valeur en espèces d'une action de l'émetteur et les awards seront réglés à 100% en espèces à la période de report choisie par la personne qui dépose. Le dépôt indique une référence monétaire par unité de $11,03 et est signé par un mandataire le 03/10/2025. Le rapport indique qu'il s'agit de récompenses de compensation non dérivées/dérivées accumulées dans le cadre de la rémunération des administrateurs, et non d'achats ou ventes sur le marché libre.
Catherine A. Lynch, eine Direktorin des BlackRock Credit Allocation Income Trust (BTZ), berichtete im Formular 4, dass sie 21,6 Performance Rights am 01.10.2025 gemäß dem BlackRock Deferred Compensation Plan erworben hat. Jeder Performance Right ist in den Barwert einer Aktie des Emittenten wandelbar, und die Zuwendungen werden 100% in bar am vom Meldenden gewählten Abzugszeitraum erledigt. Die Einreichung zeigt einen per Einheit monetären Referenzwert von $11,03 und ist von einem Bevollmächtigten am 03.10.2025 unterzeichnet. Der Bericht gibt an, dass es sich um nicht-derivative/derivative Vergütungszuwendungen handelt, die im Rahmen der Direktorvergütung entstanden sind, statt um Käufe oder Verkäufe am offenen Markt.
FAQ
What did BTZ director Catherine Lynch report on Form 4?
Are the Performance Rights for BTZ settled in stock or cash?
What does one Performance Right convert into for BTZ?
What monetary figure is shown in the Form 4 for these awards?
Who signed the Form 4 and when was it signed?
