[Form 4] BLACKROCK CREDIT ALLOCATION INCOME TRUST Insider Trading Activity
BlackRock Credit Allocation Income Trust (BTZ) director Stayce D. Harris reported acquiring 766.12 performance rights on 10/01/2025. The filing shows each Performance Right is convertible into the cash value of one share and the rights are to be settled 100% in cash at the deferral date chosen by the reporting person. The reported price associated with the derivative entry is $11.03 and following the transaction the reporting person beneficially owns 15,761.88 shares (direct). The Performance Rights were accrued under the BlackRock Deferred Compensation Plan and are intended to satisfy internal compensation deferral rules.
BlackRock Credit Allocation Income Trust (BTZ), direttrice Stayce D. Harris ha riportato l'acquisizione di 766,12 diritti di performance il 1 ottobre 2025. La documentazione indica che ogni diritto di performance è convertibile nel valore in contanti di una azione e i diritti devono essere regolati interamente in contanti alla data di differimento scelta dal soggetto che segnala. Il prezzo riportato associato all'entrata derivata è di $11,03 e a seguito della transazione la persona che segnala detiene beneficialmente 15.761,88 azioni (dirette). I diritti di performance sono maturati ai sensi del BlackRock Deferred Compensation Plan e sono intesi a soddisfare le regole interne di differimento della retribuzione.
BlackRock Credit Allocation Income Trust (BTZ) directora Stayce D. Harris informó haber adquirido 766,12 derechos de rendimiento el 01/10/2025. El archivo indica que cada Derecho de Rendimiento es convertible en el valor en efectivo de una acción y estos derechos se liquidarán 100% en efectivo en la fecha de aplazamiento elegida por la persona que reporta. El precio reportado asociado con la entrada derivada es $11,03 y después de la operación la persona que reporta posee beneficiosamente 15.761,88 acciones (directas). Los Derechos de Rendimiento se acumularon bajo el BlackRock Deferred Compensation Plan y están destinados a satisfacer las normas internas de aplazamiento de la compensación.
BlackRock Credit Allocation Income Trust (BTZ) 이사 Stayce D. Harris는 766,12개의 성과 권리(Performance Rights)를 2025년 10월 1일에 취득했다고 보고했습니다. 신고서는 각 성과 권리가 한 주의 현금 가치로 전환될 수 있으며 권리는 보고자가 선택한 연기일에 전액 현금으로 정산된다고 명시합니다. 파생상품 항목과 관련된 보고된 가격은 $11,03이며 거래 후 보고자는 15,761.88주를 직접 소유합니다. 성과 권리는 BlackRock Deferred Compensation Plan에 따라 적립되었으며 내부 보상 연기 규정을 충족하기 위한 것입니다.
BlackRock Credit Allocation Income Trust (BTZ) directrice Stayce D. Harris a déclaré l'acquisition de 766,12 droits de performance le 01/10/2025. Le dossier précise que chaque droit de performance peut être converti en la valeur en espèces d'une action et ces droits doivent être réglés à 100 % en espèces à la date de report choisie par la personne qui déclare. Le prix déclaré associé à l'entrée dérivée est de $11,03 et après la transaction la personne déclarant possède avantageusement 15.761,88 actions (en direct). Les droits de performance ont été accumulés dans le cadre du BlackRock Deferred Compensation Plan et visent à satisfaire les règles internes de report de la rémunération.
BlackRock Credit Allocation Income Trust (BTZ) Direktorin Stayce D. Harris meldete den Erwerb von 766,12 Leistungsrechten am 01.10.2025. Die Einreichung zeigt, dass jedes Leistungsrecht in den Barwert einer Aktie umwandelbar ist und die Rechte zum 100 % in bar am vom meldepflichtigen Person gewählten Aufschubtag abgewickelt werden. Der berichtete Preis im Zusammenhang mit dem Derivateintrag beträgt $11,03 und nach der Transaktion besitzt die meldende Person vorteilhaft 15.761,88 Aktien (direkt). Die Leistungsrechte wurden gemäß dem BlackRock Deferred Compensation Plan angespart und sollen interne Regeln zur Vergütungsabwicklung erfüllen.
BlackRock Credit Allocation Income Trust (BTZ) مدير/ة Stayce D. Harris أفاد/ت باكتساب 766.12 من حقوق الأداء في 1 أكتوبر 2025. تُظهر الإيداع أن كل حق أداء قابل للتحويل إلى القيمة النقدية لسهم واحد وأن الحقوق ستتم تسويتها كلهن نقداً في تاريخ التأجيل الذي اختاره الشخص المبلغ عنه. السعر المبلغ عنه المرتبط بالإدخال المشتق هو $11.03 وبعد الصفقة يمتلك الشخص المبلغ عنه فائدة ملكية في 15,761.88 سهماً (مباشر). تم اكتساب حقوق الأداء بموجب خطة التعويض المؤجل من BlackRock وتهدف إلى تلبية قواعد التأجيل الداخلية للراتب.
BlackRock Credit Allocation Income Trust (BTZ) 董事 Stayce D. Harris 报告在 2025/10/01 年获得了 766.12 项绩效权。该申报显示每项绩效权可转化为一股股票的现金价值，且该等权利将于报告人选定的递延日期以 100% 现金结算。与衍生项相关的报告价格为 $11.03，交易完成后，报告人直接受益性地拥有 15,761.88 股。绩效权系根据 BlackRock 延迟补偿计划计提，旨在满足内部补偿递延规则。
- 766.12 Performance Rights were granted under the BlackRock Deferred Compensation Plan
- Rights are to be settled 100% in cash, avoiding additional share dilution
- Reporting person increased direct beneficial ownership to 15,761.88 shares
- None.
Insights
Director recorded deferred compensation via 766.12 performance rights settled in cash.
The filing documents a non-immediate cash-settled compensation accrual under the BlackRock Deferred Compensation Plan, rather than an open-market purchase of stock. This keeps equity dilution neutral because the rights convert to cash equal to a share value rather than issuing new shares.
This matters because it signals compensation alignment with shareholder value through a cash-settlement mechanism and increases the director's reported beneficial ownership to 15,761.88 shares on record.
Performance Rights are cash-settled and one-for-one with share value, implying deferred pay exposure to share price.
The disclosure states each Performance Right equals the cash value of one share and will be settled 100% in cash, which affects tax timing and company cash obligations at payout but does not change outstanding share count.
For investors, the key operational effect is potential future cash outflow tied to the trust's share value rather than equity dilution.
BlackRock Credit Allocation Income Trust (BTZ), direttrice Stayce D. Harris ha riportato l'acquisizione di 766,12 diritti di performance il 1 ottobre 2025. La documentazione indica che ogni diritto di performance è convertibile nel valore in contanti di una azione e i diritti devono essere regolati interamente in contanti alla data di differimento scelta dal soggetto che segnala. Il prezzo riportato associato all'entrata derivata è di $11,03 e a seguito della transazione la persona che segnala detiene beneficialmente 15.761,88 azioni (dirette). I diritti di performance sono maturati ai sensi del BlackRock Deferred Compensation Plan e sono intesi a soddisfare le regole interne di differimento della retribuzione.
BlackRock Credit Allocation Income Trust (BTZ) directora Stayce D. Harris informó haber adquirido 766,12 derechos de rendimiento el 01/10/2025. El archivo indica que cada Derecho de Rendimiento es convertible en el valor en efectivo de una acción y estos derechos se liquidarán 100% en efectivo en la fecha de aplazamiento elegida por la persona que reporta. El precio reportado asociado con la entrada derivada es $11,03 y después de la operación la persona que reporta posee beneficiosamente 15.761,88 acciones (directas). Los Derechos de Rendimiento se acumularon bajo el BlackRock Deferred Compensation Plan y están destinados a satisfacer las normas internas de aplazamiento de la compensación.
BlackRock Credit Allocation Income Trust (BTZ) 이사 Stayce D. Harris는 766,12개의 성과 권리(Performance Rights)를 2025년 10월 1일에 취득했다고 보고했습니다. 신고서는 각 성과 권리가 한 주의 현금 가치로 전환될 수 있으며 권리는 보고자가 선택한 연기일에 전액 현금으로 정산된다고 명시합니다. 파생상품 항목과 관련된 보고된 가격은 $11,03이며 거래 후 보고자는 15,761.88주를 직접 소유합니다. 성과 권리는 BlackRock Deferred Compensation Plan에 따라 적립되었으며 내부 보상 연기 규정을 충족하기 위한 것입니다.
BlackRock Credit Allocation Income Trust (BTZ) directrice Stayce D. Harris a déclaré l'acquisition de 766,12 droits de performance le 01/10/2025. Le dossier précise que chaque droit de performance peut être converti en la valeur en espèces d'une action et ces droits doivent être réglés à 100 % en espèces à la date de report choisie par la personne qui déclare. Le prix déclaré associé à l'entrée dérivée est de $11,03 et après la transaction la personne déclarant possède avantageusement 15.761,88 actions (en direct). Les droits de performance ont été accumulés dans le cadre du BlackRock Deferred Compensation Plan et visent à satisfaire les règles internes de report de la rémunération.
BlackRock Credit Allocation Income Trust (BTZ) Direktorin Stayce D. Harris meldete den Erwerb von 766,12 Leistungsrechten am 01.10.2025. Die Einreichung zeigt, dass jedes Leistungsrecht in den Barwert einer Aktie umwandelbar ist und die Rechte zum 100 % in bar am vom meldepflichtigen Person gewählten Aufschubtag abgewickelt werden. Der berichtete Preis im Zusammenhang mit dem Derivateintrag beträgt $11,03 und nach der Transaktion besitzt die meldende Person vorteilhaft 15.761,88 Aktien (direkt). Die Leistungsrechte wurden gemäß dem BlackRock Deferred Compensation Plan angespart und sollen interne Regeln zur Vergütungsabwicklung erfüllen.
FAQ
What transaction did BTZ director Stayce D. Harris report on 10/01/2025?
Are the Performance Rights for BTZ settled in stock or cash?
What is the stated per-right price or value in the Form 4?
How many BTZ shares does the reporting person beneficially own after the transaction?
Under what plan were the Performance Rights accrued?
