BTZ director granted 834 Performance Rights
Harris Stayce D. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Harris Stayce D. reported acquisition or exercise transactions in this Form 4 filing.
BLACKROCK CREDIT ALLOCATION INCOME TRUST director Stayce D. Harris received a grant of 834.2400 Performance Rights tied to the trust’s common stock. These Performance Rights were accrued under the BlackRock Deferred Compensation Plan and increase the director’s holdings in this award type to 19443.5200 Performance Rights.
Each Performance Right is convertible into the cash value of one share of BlackRock Credit Allocation Income Trust and is to be settled 100% in cash at the deferral period chosen by the director. This is a compensation-related, cash-settled derivative award rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 834.24 | $10.22 | $9K |
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
AI-generated analysis. How Rhea-AI works. Not financial advice.