Form 4: BlackRock Executive Alastair Bishop Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Alastair Bishop, a Portfolio Manager at BlackRock Utilities, Infrastructure & Power Opportunities Trust, reports the acquisition and disposal of common stock and phantom shares.

Summary

  • On January 31, 2025, Alastair Bishop, a Portfolio Manager at BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI), filed a Form 4.
  • The filing reports transactions involving common stock and phantom shares.
  • Bishop acquired 3,147.3024 shares of common stock.
  • Bishop disposed of 3,147.3024 shares of common stock at a price of $23.4.
  • Bishop acquired 2,243.5897 phantom shares.
  • Bishop disposed of phantom shares related to grants from 2022, 2023 and 2024.
  • The phantom shares vest in equal installments over three years from the grant date and are payable in cash.

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 regulatory compliance for individuals with insider access to company information. They provide transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they primarily reflect the vesting of previously granted compensation.

Key Dates

DateDescription
02/02/2022Previous Form 4 filing regarding phantom shares granted on January 31, 2022.
02/02/2023Previous Form 4 filing regarding phantom shares granted on January 31, 2023.
02/02/2024Previous Form 4 filing regarding phantom shares granted on January 31, 2024.
01/31/2025Date of the reported transactions (stock and phantom share transactions).
02/04/2025Date of the Form 4 filing.

Keywords

Form 4, BlackRock, Alastair Bishop, BUI, Phantom Shares, Stock Transactions, Portfolio Manager

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