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

Director Kester W Carl reports acquiring 400.4 performance rights in BlackRock Ltd Duration Income Trust on April 1, 2025, convertible to cash based on the value of common stock.

Summary

• On April 1, 2025, Kester W Carl, a director of BlackRock Ltd Duration Income Trust, acquired 400.4 performance rights.
• These performance rights were accrued under the BlackRock Deferred Compensation Plan.
• Each performance right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust common stock.
• The reporting person will receive 100% cash settlement at the end of the deferral period.
• Following the transaction, Kester W Carl directly owns 25,019.71 derivative securities.
• The price of the derivative security is $14.05.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, 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 reporting practices for corporate insiders regarding their holdings and transactions in company securities, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The acquisition of performance rights by a director could align the director's interests more closely with those of the shareholders.

Key Dates

Keywords

Performance Rights, BlackRock Ltd Duration Income Trust, Director, Form 4, Beneficial Ownership, Kester W Carl, Deferred Compensation Plan