Form 4: BlackRock Income Trust Portfolio Manager Reports Transactions in Company Stock
SEC Form 4 Filing
Matthew Kraeger, a Portfolio Manager at BlackRock Income Trust, filed a Form 4 detailing transactions involving common stock and phantom shares.
Summary
- On January 31, 2025, Matthew Kraeger, a Portfolio Manager at BlackRock Income Trust, engaged in transactions involving the company's common stock and phantom shares.
- Kraeger acquired 721.3111 shares of common stock and disposed of 721.3111 shares at a price of $11.62.
- He also acquired 2,021.0306 phantom shares and had 446.2246 and 275.0864 phantom shares vest, which are payable in cash.
- Following these transactions, Kraeger directly owns 560 shares of common stock and holds 2,021.0306, 892.4493 and 275.0864 phantom shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document is a standard regulatory filing reporting transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/02/2023 | Date of previous Form 4 filing regarding phantom shares granted on January 31, 2023. |
| 02/02/2024 | Date of previous Form 4 filing regarding phantom shares granted on January 31, 2024. |
| 01/31/2025 | Date of the reported transactions involving common stock and phantom shares. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, BlackRock Income Trust, BKT, Matthew Kraeger, Portfolio Manager, Common Stock, Phantom Shares, Beneficial Ownership, SEC
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