Form 4: BlackRock Long-Term Municipal Advantage Trust Director Acquires Shares
SEC Form 4 Filing
Director Stayce D. Harris purchased 10 shares of BlackRock Long-Term Municipal Advantage Trust (BTA) common stock on October 29, 2024.
Summary
- On October 29, 2024, Stayce D. Harris, a director of BlackRock Long-Term Municipal Advantage Trust (BTA), acquired 10 shares of common stock.
- The purchase price was $10.1987 per share.
- Following the transaction, Harris directly owns 10 shares of BTA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a director's purchase of company stock. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The purchase of shares by a director can sometimes be seen as a positive signal to the market, indicating confidence in the company's prospects, but the small number of shares purchased in this instance is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 10/29/2024 | Date of transaction: Director Stayce D. Harris purchased 10 shares of BTA common stock. |
| 10/30/2024 | Date of signature on the Form 4 filing. |
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