Form 4: BlackRock Ltd Duration Income Trust: Director Harris Acquires Performance Rights

Director Stayce D. Harris acquired performance rights convertible to cash value of BlackRock Limited Duration Income Trust shares under the BlackRock Deferred Compensation Plan.

Summary

• On July 1, 2024, Stayce D. Harris, a director of BlackRock Ltd Duration Income Trust, acquired performance rights under the BlackRock Deferred Compensation Plan.
• These performance rights are convertible into the cash value of one share of BlackRock Limited Duration Income Trust.
• Harris acquired 615.46 performance rights at a price of $13.99.
• Following the transaction, Harris directly owns 8,466.36 shares.
• The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of performance rights by a director can be seen as a mildly positive sign.

Positives

• The acquisition of performance rights by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of performance rights suggests an expectation of future value.

Industry Context

This filing is a routine disclosure of a director's transaction in company securities, which is common in the financial services industry.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates