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

Director Robert Glenn Hubbard reports acquiring performance rights convertible to cash value of BlackRock Credit Allocation Income Trust shares.

Summary

• On April 1, 2025, Robert Glenn Hubbard, a director of BlackRock Credit Allocation Income Trust, acquired 1,152.42 performance rights under the BlackRock Deferred Compensation Plan.
• These performance rights are convertible into the cash value of an equivalent number of common stock shares of the trust.
• The price of the transaction was $10.79 per performance right.
• Following the transaction, Hubbard directly owns 68,250.8 performance rights.
• 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 reporting a transaction. It doesn't convey any positive or negative sentiment about the company's prospects.

Future Outlook

The document does not contain explicit forward-looking statements regarding the company's future performance. It simply reports a transaction related to director compensation.

Industry Context

This filing reflects standard practice for reporting changes in beneficial ownership by company insiders, particularly directors, and is a routine part of regulatory compliance.

Key Dates

Keywords

BlackRock Credit Allocation Income Trust, Robert Glenn Hubbard, Performance Rights, Director, BTZ, Deferred Compensation Plan, Beneficial Ownership, SEC Form 4