Form 4: BlackRock Credit Allocation Income Trust: Director Holloman Reports Acquisition of Performance Rights

Director James Phillip Holloman reports acquisition of performance rights convertible to cash value of BlackRock Credit Allocation Income Trust shares.

Summary

• On July 1, 2024, James Phillip Holloman, a director of BlackRock Credit Allocation Income Trust, acquired 856.88 performance rights under the BlackRock Deferred Compensation Plan.
• These performance rights are convertible into the cash value of an equivalent number of BlackRock Credit Allocation Income Trust shares.
• The price of the performance rights was $10.67.
• Following the transaction, Holloman directly owns 11,100.76 derivative securities.
• The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It reports a transaction without expressing any positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in the financial industry. It provides transparency into the actions of company directors and their holdings in the company's securities.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and alignment of interests.

Key Dates