Form 4: BlackRock Credit Allocation Income Trust: Director Kester W Carl Reports Acquisition of Performance Rights

Director Kester W Carl reports acquiring performance rights convertible to cash value of BlackRock Credit Allocation Income Trust shares under the BlackRock Deferred Compensation Plan.

Summary

• On January 2, 2025, Kester W Carl, a director of BlackRock Credit Allocation Income Trust, acquired performance rights under the BlackRock Deferred Compensation Plan.
• These performance rights are convertible into the cash value of common stock of BlackRock Credit Allocation Income Trust.
• The transaction involved the acquisition of 530.83 performance rights at a price of $10.5.
• Following the reported transaction, Kester W Carl beneficially owns 27,886.18 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 standard regulatory filing, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of a director's acquisition of performance rights, which is a common form of executive compensation in the financial services industry.

Stakeholder Impact

• The acquisition of performance rights by a director may be of interest to shareholders as it relates to executive compensation and alignment of interests.

Key Dates