Form 4: BlackRock Ltd Duration Income Trust: Director Harris Acquires Performance Rights
SEC Form 4
Director Stayce D. Harris acquired performance rights convertible to cash value of BlackRock Limited Duration Income Trust shares on October 1, 2024.
Summary
- On October 1, 2024, Stayce D. Harris, a director of BlackRock Ltd Duration Income Trust, acquired performance rights under the BlackRock Deferred Compensation Plan.
- These rights are convertible into the cash value of shares of BlackRock Limited Duration Income Trust.
- Harris acquired 593.23 performance rights at a price of $14.5.
- Following the transaction, Harris directly owns 9,261.56 shares.
- The performance rights will be settled 100% in cash at the deferral period chosen by Harris.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing an insider transaction, with neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions and holdings.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the compensation and holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Stayce D. Harris acquired performance rights. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
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