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

Director Robert Glenn Hubbard reports acquiring performance rights convertible to cash value of BlackRock Limited Duration Income Trust shares.

Summary

• On April 1, 2025, Robert Glenn Hubbard, a director of BlackRock Ltd Duration Income Trust, acquired 897.05 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 performance rights was $14.05.
• Following the transaction, Hubbard directly owns 61,597.97 shares.
• The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, suggesting a neutral to slightly positive sentiment as it indicates continued alignment of interests between management and shareholders.

Industry Context

This filing reflects routine transactions by company insiders and is a normal part of corporate governance and regulatory compliance.

Stakeholder Impact

• The acquisition of performance rights aligns the director's interests with those of the shareholders, potentially encouraging decisions that enhance shareholder value.

Key Dates

Keywords

BlackRock Ltd Duration Income Trust, Robert Glenn Hubbard, Performance Rights, Director, BLW, Deferred Compensation Plan, Beneficial Ownership, SEC Form 4