Form 4: BlackRock Ltd Duration Income Trust: Director Catherine A. Lynch Reports Acquisition of Performance Rights

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 on October 3, 2024, reporting a transaction.
• On October 1, 2024, Lynch acquired 95.44 performance rights under the BlackRock Deferred Compensation Plan.
• These performance rights are convertible into the cash value of an equivalent number of BlackRock Limited Duration Income Trust shares.
• The price of the derivative security is $14.5.
• Following the reported transaction, Lynch directly owns 7,298.89 shares.
• 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 disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates