Form 4: BlackRock Credit Allocation Income Trust: Director Harris Stayce D. Reports Acquisition of Performance Rights

Director Stayce D. Harris reports acquiring performance rights convertible to cash value of BlackRock Credit Allocation Income Trust shares.

Summary

• On April 1, 2025, Director Stayce D. Harris acquired 784.83 performance rights under the BlackRock Deferred Compensation Plan.
• Each performance right is convertible into the cash value of one share of BlackRock Credit Allocation Income Trust (BTZ).
• The price of the derivative security is $10.79.
• These rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
• Following the reported transaction, Harris directly owns 13,568.02 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's participation in a deferred compensation plan, which is neither overtly positive nor negative.

Positives

• The acquisition of performance rights by a director could be seen as a positive sign of their confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's participation in a deferred compensation plan.

Stakeholder Impact

• Shareholders may view the director's participation in the deferred compensation plan as a sign of alignment with their interests.

Key Dates

Keywords

Performance Rights, BlackRock Credit Allocation Income Trust, Director, Form 4, Beneficial Ownership, BTZ, Harris Stayce D., Deferred Compensation Plan