Form 4: BlackRock Ltd Duration Income Trust: Portfolio Manager Bishop Reports Transactions in Common Stock and Phantom Shares
SEC Form 4 Filing
Portfolio Manager Alastair Bishop reports acquisition and disposal of common stock and phantom shares in BlackRock Ltd Duration Income Trust on January 31, 2025.
Summary
- On January 31, 2025, Alastair Bishop, a Portfolio Manager at BlackRock Ltd Duration Income Trust, reported transactions involving common stock and phantom shares.
- Bishop acquired 7,545.7863 shares of common stock.
- Bishop disposed of 7,545.7863 shares of common stock at a price of $8.98 per share.
- Bishop acquired 5,846.3252 phantom shares.
- Bishop disposed of 2,311.9973 phantom shares related to a 2024 grant.
- Bishop disposed of 2,224.535 phantom shares related to a 2023 grant.
- Bishop disposed of 3,009.254 phantom shares related to a 2022 grant.
- Following these transactions, Bishop directly owns 0 shares of common stock and various amounts of phantom shares from different grants.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| February 2, 2022 | Date of Form 4 filing reporting phantom shares granted on January 31, 2022. |
| February 2, 2023 | Date of Form 4 filing reporting phantom shares granted on January 31, 2023. |
| February 2, 2024 | Date of Form 4 filing reporting phantom shares granted on January 31, 2024. |
| January 31, 2025 | Date of transactions involving common stock and phantom shares. |
| February 4, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Phantom Shares, Common Stock, BlackRock, BCX, Alastair Bishop, Portfolio Manager
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