Form 4: BlackRock TCP Capital Corp. President Jason Mehring Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jason Mehring, President of BlackRock TCP Capital Corp., reports transactions involving common stock and phantom shares, including acquisitions and disposals related to the company's dividend reinvestment plan and Involuntary Deferred Compensation Plan.
Summary
- Jason Mehring, President of BlackRock TCP Capital Corp., filed a Form 4 detailing changes in beneficial ownership.
- The report includes transactions related to common stock and phantom shares.
- Mehring acquired 127.682 shares through the company's dividend reinvestment plan.
- He also reported the vesting of phantom shares granted under the Issuer's Involuntary Deferred Compensation Plan on January 31, 2022 and January 31, 2024.
- Additionally, Mehring acquired 3,840.93 phantom shares at a price of $9.21 on January 31, 2025, which vest in equal installments over three years.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/31/2022 | Reporting Person was granted phantom shares payable in cash upon vesting pursuant to the Issuer's Involuntary Deferred Compensation Plan, which occurred in equal installments on each of the first three anniversaries of the grant date. |
| 01/31/2024 | Reporting Person was granted phantom shares payable in cash upon vesting pursuant to the Issuer's Involuntary Deferred Compensation Plan, which occurs in equal installments on each of the first three anniversaries of the grant date. |
| 01/31/2025 | Date of earliest transaction reported; vesting of phantom shares and acquisition of additional phantom shares. |
| 02/06/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, BlackRock TCP Capital Corp, Jason Mehring, Phantom Shares, Dividend Reinvestment Plan, Involuntary Deferred Compensation Plan, TCPC
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