Form 4: BlackRock Capital Allocation Term Trust Director Acquires Shares
SEC Form 4 Filing
Stayce D. Harris, a director of BlackRock Capital Allocation Term Trust, purchased 60 shares of common stock on October 28, 2024.
Summary
- On October 28, 2024, Stayce D. Harris, a director of BlackRock Capital Allocation Term Trust (BCAT), acquired 60 shares of common stock.
- The purchase was made at a price of $16.04 per share.
- The transaction was reported on a Form 4 filing with the SEC on October 29, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the quantity is small and may not be highly significant.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of transaction: Director Stayce D. Harris purchased 60 shares of common stock. |
| 10/29/2024 | Date of Form 4 filing with the SEC. |
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