BlackRock Corporate High Yield (HYT) manager buys 100,000 shares
Rhea-AI Filing Summary
BlackRock Corporate High Yield Fund, Inc. portfolio manager David Delbos acquired 100,000 common shares on February 3, 2026 at a subscription price of $8.68 per share through a transferable rights offering. Following this purchase, he directly holds 205,510.5524 common shares of the fund.
The rights offering expired on January 26, 2026, and the final number of shares acquired was confirmed after pro-ration and allocation under the over-subscription privilege.
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Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
1 txn
Insider
Delbos David
Role
Insider
Bought
100,000 shs ($868K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $8.68 | $868K |
Holdings After Transaction:
Common Stock — 205,510.5524 shares (Direct)
Footnotes (1)
- F1. Shares were acquired pursuant to the exercise of rights to acquire common shares in the Fund's transferrable rights offering, which expired on January 26, 2026, at the subscription price of $8.68. The number of common shares acquired was confirmed to exercising rights holders on February 3, 2026, following the pro-ration and allocation of shares pursuant to the over-subscription privilege.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HYT portfolio manager David Delbos report?
David Delbos reported buying 100,000 HYT common shares. The purchase occurred on February 3, 2026 at a subscription price of $8.68 per share through the fund’s transferable rights offering, increasing his directly held position in the BlackRock Corporate High Yield Fund.
When did the HYT transferable rights offering expire?
The HYT transferable rights offering expired on January 26, 2026. After expiration, rights exercised by holders were processed, and the final number of common shares, including those allocated through the over-subscription privilege, was confirmed on February 3, 2026 for participating investors.