Form 4: BlackRock Credit Allocation Income Trust: Director Catherine A. Lynch Reports Acquisition of Performance Rights

Director Catherine A. Lynch reports acquiring performance rights convertible to cash based on the value of BlackRock Credit Allocation Income Trust shares.

Summary

• On January 2, 2025, Catherine A. Lynch, a director of BlackRock Credit Allocation Income Trust, acquired performance rights under the BlackRock Deferred Compensation Plan.
• These performance rights, totaling 26.06, are convertible into the cash value of an equivalent number of BlackRock Credit Allocation Income Trust shares.
• The price of the common stock was $10.5.
• Following the transaction, Ms. Lynch directly owns 8,600.29 shares.
• The performance rights will be settled 100% in cash at the end of the deferral period chosen by Ms. Lynch.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider transactions.

Future Outlook

The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders may be interested in tracking insider transactions as an indicator of management's confidence in the company.

Key Dates