Form 4: BlackRock Health Sciences Term Trust Portfolio Manager Reports Stock Transactions
SEC Form 4 Filing
Portfolio Manager Xiang Liu reports acquisition and disposal of BlackRock Health Sciences Term Trust common stock and phantom shares on January 31, 2025.
Summary
- Xiang Liu, a Portfolio Manager at BlackRock Health Sciences Term Trust, reported transactions involving the company's common stock and phantom shares on January 31, 2025.
- The transactions included the acquisition of 225.1171 common stock shares and the disposal of 225.1171 common stock shares at a price of $16.49.
- Additionally, Liu acquired 1,388.2353 phantom shares and disposed of 225.1171 phantom shares.
- Following these transactions, Liu directly owns 0 shares of common stock and 450.2342 phantom shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard regulatory filing reporting insider transactions. There is no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and helps ensure fair market practices.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/02/2024 | Date of previously reported Form 4 regarding phantom shares granted on January 31, 2024. |
| 01/31/2024 | 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 the reported transactions: acquisition and disposal of common stock and phantom shares. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, BlackRock Health Sciences Term Trust, BMEZ, Portfolio Manager, Stock Transactions, Phantom Shares, Insider Trading
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.