Form 4: BlackRock Municipal 2030 Target Term Trust: Portfolio Manager Acquires Phantom Shares
SEC Form 4 Filing
Kristi Manidis Santiago, a Portfolio Manager at BlackRock Municipal 2030 Target Term Trust, acquired phantom shares equivalent to 78.4221 shares of common stock on January 31, 2025.
Summary
- On January 31, 2025, Kristi Manidis Santiago, a Portfolio Manager at BlackRock Municipal 2030 Target Term Trust, acquired phantom shares.
- The acquisition involved 78.4221 phantom shares, each representing the economic equivalent of one share of common stock.
- The price per share was $21.04.
- These phantom shares vest in equal installments over three years.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a transaction by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company, such as officers or directors, buy or sell the company's securities. This filing indicates a change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: Kristi Manidis Santiago acquired phantom shares. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
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