STOCK TITAN

Insider trades 10,042 rights at BlackRock Corporate High Yield (NYSE: HYT)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BlackRock Corporate High Yield Fund, Inc. director Catherine A. Lynch reported selling 10,042 transferable subscription rights on January 12, 2026 at $0.01 per right, leaving her with no derivative securities of this type directly owned after the transaction.

These rights stem from the Fund’s previously announced pro rata rights offering, which allows record date shareholders as of January 2, 2026 to subscribe for up to an aggregate of 32,609,596 common shares. Holders received one right for each common share they owned and can purchase one new common share for every five rights, with an estimated subscription price of $8.69 per share.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lynch Catherine A.

(Last) (First) (Middle)
50 HUDSON YARDS

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BLACKROCK CORPORATE HIGH YIELD FUND, INC. [ HYT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Transferable Subscription Rights (Right to Buy)(1) (1) 01/12/2026 S 10,042 01/02/2026 01/26/2026 Common Stock 2,008 $0.01 0 D
Explanation of Responses:
1. On December 15, 2025, BlackRock Corporate High Yield Fund, Inc. (the "Fund") announced the terms of a pro rata offering of transferable subscription rights (the "Rights") to holders of the Fund's common shares as of the record date of January 2, 2026 ("Record Date Shareholders"), entitling the holders of such Rights to subscribe for up to an aggregate of 32,609,596 of the Fund's common shares (the "Rights Offering"). Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every five Rights held; however, any Record Date Shareholder who owns fewer than five common shares as of the close of business on the Record Date will be entitled to subscribe for one common share. The estimated subscription price per common share is $8.69.
/s/ Gladys Chang as Attorney-in-Fact 01/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did HYT report in this Form 4?

The Form 4 reports that director Catherine A. Lynch sold 10,042 transferable subscription rights on January 12, 2026 at a price of $0.01 per right, leaving her with no such derivative securities directly owned afterward.

What are the transferable subscription rights described for HYT?

The transferable subscription rights entitle holders to purchase HYT’s common shares under a rights offering. Shareholders of record on January 2, 2026 received one right for each outstanding whole common share they held.

How many HYT common shares can be subscribed for in the rights offering?

The rights offering permits record date shareholders to subscribe for up to an aggregate of 32,609,596 common shares of BlackRock Corporate High Yield Fund, Inc. using the transferable subscription rights.

What is the subscription ratio for HYT’s rights offering?

Holders of the rights can purchase one new common share for every five rights they hold. Any shareholder owning fewer than five common shares as of the record date is entitled to subscribe for one common share.

What is the estimated subscription price per HYT share in the rights offering?

The estimated subscription price for each new HYT common share under the rights offering is $8.69.

Who is the reporting person in this HYT insider filing and what is their role?

The reporting person is Catherine A. Lynch, who is identified as a director of BlackRock Corporate High Yield Fund, Inc. in the filing.

BlackRock Corp High Yield

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