Form 4: BlackRock Debt Strategies Fund: Portfolio Manager Wilson Carly Reports Transaction in Common Stock and Phantom Shares
SEC Form 4 Filing
Portfolio Manager Wilson Carly reports a transaction involving common stock and phantom shares of BlackRock Debt Strategies Fund, Inc.
Summary
- On January 31, 2025, Wilson Carly, a Portfolio Manager at BlackRock Debt Strategies Fund, Inc., engaged in transactions involving the company's common stock and phantom shares.
- Carly acquired 1,122.9601 common stock through vesting of phantom shares.
- Carly disposed of 1,122.9601 common stock.
- Following these transactions, Carly directly owns 1,166 shares of common stock.
- Carly also acquired 4,317.907 phantom shares and disposed of 1,122.9601 phantom shares.
- After the transactions, Carly directly owns 2,245.9203 phantom shares.
Sentiment
Score: 5
Explanation: This is a neutral report of insider transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's securities. It is standard practice for portfolio managers to report such transactions.
Key Dates
| Date | Description |
|---|---|
| 02/02/2024 | Date of previously reported Form 4 where the Reporting Person was granted phantom shares on January 31, 2024. |
| 01/31/2024 | Date the Reporting Person was granted phantom shares payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. |
| 01/31/2025 | Date of transaction involving common stock and phantom shares. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
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