HYT manager buys 100,000 shares in rights offer
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $8.68 | $868K |
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.
FAQ
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