Form 4: BlackRock Ltd Duration Income Trust: Director Kester W Carl Reports Acquisition of Performance Rights

Director Kester W Carl reports acquiring performance rights convertible to cash value of BlackRock Limited Duration Income Trust shares.

Summary

• On October 1, 2024, Kester W Carl, a director of BlackRock Ltd Duration Income Trust, reported acquiring 164.54 performance rights.
• These performance rights are convertible into the cash value of shares of BlackRock Limited Duration Income Trust.
• The price of each derivative security is $14.5.
• Following the transaction, Kester W Carl directly owns 23,089.38 shares.
• The performance rights were accrued under the BlackRock Deferred Compensation Plan and will 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 could be seen as a slightly positive sign.

Positives

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates