Form 4: BlackRock Ltd Duration Income Trust: Director Holloman Reports Acquisition of Performance Rights

Director James Phillip Holloman reports acquiring performance rights convertible to cash value of BlackRock Limited Duration Income Trust shares.

Summary

• On April 1, 2025, James Phillip Holloman, a director of BlackRock Ltd Duration Income Trust, acquired 657.32 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 $14.05.
• Following the transaction, Holloman directly owns 11,669.03 derivative securities.
• The performance rights will be settled 100% in cash at the end of the deferral period chosen by Holloman.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to executive compensation, indicating a neutral sentiment.

Future Outlook

The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

Industry Context

This filing reflects standard executive compensation practices within publicly traded companies, where performance-based compensation is used to align the interests of management with those of shareholders.

Stakeholder Impact

• The acquisition of performance rights aligns management's interests with shareholders by incentivizing performance.

Key Dates

Keywords

BlackRock Ltd Duration Income Trust, Director, Performance Rights, Form 4, Holloman, Acquisition, Deferred Compensation Plan, BLW