Blackrock Income Trust, INC
Market Movers (8-K)
NYSE
BlackRock Income Trust and Saba Capital Management have entered into a standstill agreement, limiting Saba's actions and requiring them to vote in line with the board's recommendations.
Insider Trading (Form 4)
NYSE
A BlackRock Income Trust portfolio manager sold 2,044.9171 vested common shares and received a new grant of 1,818.6937 phantom shares.
NYSE
BlackRock Income Trust's Portfolio Manager, Matthew Kraeger, reported the vesting and cash settlement of phantom shares, alongside the grant of new phantom shares.
NYSE
A BlackRock Income Trust director disposed of transferable subscription rights related to the company's recent pro rata offering.
Capital raise
NYSE
BlackRock Enhanced Government Fund (EGF) has successfully reorganized into BlackRock Income Trust (BKT), effective March 24, 2025, with EGF shareholders receiving BKT shares based on net asset value.
NYSE
Matthew Kraeger, a Portfolio Manager at BlackRock Income Trust, filed a Form 4 detailing transactions involving common stock and phantom shares.
NYSE
Nicholas Andrew Kramvis, a Portfolio Manager at BlackRock Income Trust, Inc., acquired 5,594.105 phantom shares of common stock on January 31, 2025.
Proxy Statements (Def-14A)
NYSE
DEF 14A: BlackRock Closed-End Funds to Hold Joint Annual Meeting on July 11, 2025, to Elect Board Members
BlackRock Closed-End Funds will hold a virtual joint annual meeting on July 11, 2025, to seek shareholder approval for the election of Board Nominees.
NYSE
BlackRock Closed-End Funds will hold a virtual joint annual meeting of shareholders on July 26, 2024, to vote on the election of Board Nominees.
NYSE
A U.S. District Court ruling against the application of the Maryland Control Share Acquisition Act to certain BlackRock-sponsored funds will affect the funds' 2024 and 2025 annual shareholder meetings.
Worse than expected
Schedule 13D - Activist Investments
NYSE
SCHEDULE 13D/A: Sit Entities Shift Investment Stance in Blackrock Income Trust, Inc., Ceasing Control-Oriented Holdings
Sit Investment Associates and Sit Fixed Income Advisors have amended their Schedule 13D filing for Blackrock Income Trust, Inc., indicating they no longer hold shares with the purpose of influencing control and will transition to a passive investment filing.
Schedule 13G - Passive Investments
NYSE
Karpus Management, Inc. has reported a 5.75% beneficial ownership stake in BlackRock Income Trust, holding 1,861,660 common shares.
NYSE
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation have jointly disclosed a 5.15% beneficial ownership stake in BlackRock Income Trust, primarily through unit investment trusts and managed accounts.
NYSE
Sit Investment Associates, Inc. and its subsidiary, Sit Fixed Income Advisors II, LLC, have disclosed a 14.2% beneficial ownership stake in BlackRock Income Trust, Inc. through a Schedule 13G filing.