Form 4: BlackRock Health Sciences Term Trust: Portfolio Manager Erin Xie H Reports Transactions in Common Stock and Phantom Shares
SEC Form 4 Filing
Portfolio Manager Erin Xie H reports the acquisition and disposal of common stock and phantom shares in BlackRock Health Sciences Term Trust on January 31, 2025.
Summary
- On January 31, 2025, Erin Xie H, a Portfolio Manager at BlackRock Health Sciences Term Trust, engaged in transactions involving the company's common stock and phantom shares.
- Xie acquired 14,882.5971 shares of common stock.
- Xie disposed of 14,882.5971 shares of common stock at a price of $16.49.
- Xie acquired 23,649.6559 phantom shares.
- Xie disposed of 7,835.6512 phantom shares related to a grant from January 31, 2024.
- Xie disposed of 7,046.946 phantom shares related to a grant from January 31, 2023.
- Following these transactions, Xie beneficially owns 0 shares of common stock and 7,046.946 phantom shares related to a grant from January 31, 2023 and 15,671.3023 phantom shares related to a grant from January 31, 2024 and 23,649.6559 phantom shares related to a grant from January 31, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
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 reflects the actions of a portfolio manager at BlackRock Health Sciences Term Trust.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| February 2, 2023 | Date of previously reported Form 4 regarding phantom shares granted on January 31, 2023. |
| January 31, 2023 | Date of phantom share grant, vesting in equal installments over three years. |
| February 2, 2024 | Date of previously reported Form 4 regarding phantom shares granted on January 31, 2024. |
| January 31, 2024 | Date of phantom share grant, vesting in equal installments over three years. |
| January 31, 2025 | Date of transactions involving common stock and phantom shares. |
| February 4, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, BlackRock Health Sciences Term Trust, BMEZ, Erin Xie H, Portfolio Manager, Common Stock, Phantom Shares, Beneficial Ownership, Section 16(a)
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.