BlackRock Utilities Trust (NYSE: BUI) reappoints its chief compliance officer
Rhea-AI Filing Summary
BlackRock Utilities, Infrastructure & Power Opportunities Trust filed an initial Form 3 for Charles Park, identifying him as an officer serving as Chief Compliance Officer, not a director or ten percent owner. The Form 3 reports no securities holdings or transactions. Remarks note Park previously served as Chief Compliance Officer from June 6, 2014 to June 30, 2023 and was reappointed effective August 1, 2026.
Positive
- None.
Negative
- None.
Key Figures
Prior CCO term start: June 6, 2014
Prior CCO term end: June 30, 2023
Reappointment effective date: August 1, 2026
3 metrics
Prior CCO term start
June 6, 2014
Start of Charles Park’s earlier Chief Compliance Officer term
Prior CCO term end
June 30, 2023
End of Charles Park’s earlier Chief Compliance Officer term
Reappointment effective date
August 1, 2026
Effective date of Charles Park’s reappointment as Chief Compliance Officer
Key Terms
Chief Compliance Officer, beneficial ownership, ten percent owner
3 terms
Chief Compliance Officer regulatory
"The Reporting Person was reappointed as Chief Compliance Officer of the Issuer effective August 1, 2026"
The chief compliance officer is the senior executive responsible for making sure a company follows laws, industry rules and its own internal policies, acting like a safety inspector for legal and ethical risks. Investors care because effective compliance reduces the chance of fines, lawsuits, operational disruption and reputational damage, so the officer’s competence and independence can materially affect future profits and risk exposure.
beneficial ownership financial
"Form 3 is an initial statement of beneficial ownership filed by an insider"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner financial
"The reporting person is indicated as not being a ten percent owner of the issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 for BUI disclose about Charles Park?
The Form 3 identifies Charles Park as an officer of BlackRock Utilities, Infrastructure & Power Opportunities Trust, serving as Chief Compliance Officer. It reports no securities holdings or transactions for him in connection with the trust.
Is Charles Park a ten percent owner of BlackRock Utilities (BUI)?
No. The Form 3 explicitly indicates that Charles Park is not a ten percent owner of BlackRock Utilities, Infrastructure & Power Opportunities Trust. He is reported solely in his capacity as an officer, specifically as Chief Compliance Officer.
What role does Charles Park hold at BlackRock Utilities (BUI)?
Charles Park is reported as the Chief Compliance Officer of BlackRock Utilities, Infrastructure & Power Opportunities Trust. He is listed as an officer, not a director, on the Form 3 insider ownership report.
When was Charles Park reappointed Chief Compliance Officer of BUI?
Charles Park was reappointed as Chief Compliance Officer effective August 1, 2026. The remarks also state he previously held the same role from June 6, 2014 to June 30, 2023.
What prior service history does Charles Park have with BUI?
The remarks state that Charles Park previously served as Chief Compliance Officer of BlackRock Utilities, Infrastructure & Power Opportunities Trust from June 6, 2014 to June 30, 2023 before his later reappointment.