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

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

Summary

• On April 1, 2025, James Phillip Holloman, a director of BlackRock Credit Allocation Income Trust, acquired 844.44 performance rights under the BlackRock Deferred Compensation Plan.
• These performance rights are convertible into the cash value of one share of BlackRock Credit Allocation Income Trust each.
• The price of the derivative security is $10.79.
• The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
• Following the transaction, Holloman directly owns 14,482.45 derivative securities.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of a transaction by a company director.

Industry Context

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

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the compensation and ownership structure of the company's directors.

Key Dates

Keywords

BlackRock Credit Allocation Income Trust, Director, Holloman, Performance Rights, Deferred Compensation Plan, Beneficial Ownership, BTZ