Form 4: BlackRock Ltd Duration Income Trust: Director Catherine A. Lynch Reports Acquisition of Performance Rights
SEC Form 4 Filing
Director Catherine A. Lynch reports acquiring performance rights convertible to cash value of BlackRock Limited Duration Income Trust shares.
Summary
- Catherine A. Lynch, a director of BlackRock Ltd Duration Income Trust, filed a Form 4 indicating a transaction involving derivative securities.
- On January 2, 2025, Lynch acquired performance rights under the BlackRock Deferred Compensation Plan.
- These performance rights are convertible into the cash value of shares of BlackRock Limited Duration Income Trust.
- The price of the performance rights was $14.2.
- Lynch directly owns 7,493.74 shares of Common Stock.
- The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: Catherine A. Lynch acquired performance rights. |
| 01/06/2025 | Date of report filing. |
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