Form 4: BlackRock Energy & Resources Trust: Portfolio Manager Hume Reports Transactions in Common Stock and Phantom Shares
SEC Form 4
Portfolio Manager Mark Hume reports acquisition and disposition of common stock and phantom shares in BlackRock Energy & Resources Trust on January 31, 2025.
Summary
- On January 31, 2025, Mark Hume, a Portfolio Manager at BlackRock Energy & Resources Trust, reported transactions involving the company's common stock and phantom shares.
- Hume acquired 1,265.4474 shares of common stock.
- Hume disposed of 1,265.4474 shares of common stock at a price of $13.19.
- Hume acquired 923.9955 phantom shares.
- Hume disposed of 394.588 phantom shares related to a grant from January 31, 2024.
- Hume disposed of 364.8931 phantom shares related to a grant from January 31, 2023.
- Hume disposed of 505.9663 phantom shares related to a grant from January 31, 2022.
- The phantom shares vest in equal installments on the first three anniversaries of the award and are payable in cash.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of transactions by a company insider, providing transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/02/2022 | Previous Form 4 filing date regarding phantom shares granted on January 31, 2022. |
| 02/02/2023 | Previous Form 4 filing date regarding phantom shares granted on January 31, 2023. |
| 02/02/2024 | Previous Form 4 filing date regarding phantom shares granted on January 31, 2024. |
| 01/31/2025 | Date of transactions involving common stock and phantom shares. |
| 02/04/2025 | Date of the Form 4 filing. |
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