Form 4: BlackRock Portfolio Manager Reports Changes in Beneficial Ownership of HYT
SEC Form 4 Filing
David Delbos, a Portfolio Manager at BlackRock, reported the acquisition and disposal of common stock and phantom shares in BlackRock Corporate High Yield Fund, Inc. (HYT) on January 31, 2025.
Summary
- On January 31, 2025, David Delbos, a Portfolio Manager at BlackRock, engaged in transactions involving common stock and phantom shares of BlackRock Corporate High Yield Fund, Inc. (HYT).
- Delbos acquired 22,272.6765 shares of common stock.
- Delbos disposed of 22,272.6765 shares of common stock at a price of $9.9 per share.
- Following these transactions, Delbos directly owns 95,688.87 shares of common stock.
- Delbos also acquired 98,590.9091 phantom shares and disposed of 22,272.6765 phantom shares.
- After the transactions, Delbos directly owns 98,590.9091 phantom shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions by a company insider; it doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in the financial industry.
Key Dates
| Date | Description |
|---|---|
| 02/02/2024 | Date of previously reported Form 4 regarding phantom shares granted on January 31, 2024. |
| 01/31/2024 | Phantom shares granted to the Reporting Person. |
| 01/31/2025 | Date of the reported transactions involving common stock and phantom shares. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
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