KESTER W CARL 4
4 · BLACKROCK Ltd DURATION INCOME TRUST · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
BlackRock Limited Duration Income Trust Director Kester W. Carl Receives Award
What Happened
Kester W. Carl, a director of BlackRock Limited Duration Income Trust (BLW), received an award of 93.69 performance rights on April 1, 2026. The reported per‑unit value was $12.60, for a total grant value of $1,180. The filing characterizes this as a derivative award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
- Award: 93.69 Performance Rights @ $12.60 each; total reported value $1,180.
- Shares owned after transaction: not specified in this filing.
- Footnotes: (1) Rights were accrued under the BlackRock Deferred Compensation Plan. (2) Each Performance Right converts into the cash value of one BLW share. (3) Awards are to be settled 100% in cash at the deferral period chosen by the reporting person.
- Filing type: Derivative award (A); no 10b5‑1 plan or tax withholding noted in this filing.
Context
Performance rights are a form of compensation and are cash‑settled here, so they do not result in immediate issuance or sale of BLW shares and therefore do not directly change insider share ownership. Such awards are common for directors and executives and are generally routine compensation rather than a direct signal of market sentiment.
Insider Transaction Report
- Award
Performance Rights
[F1][F2][F3]2026-04-01$12.60/sh+93.69$1,180→ 28,575.77 total→ Common Stock (93.69 underlying)
Footnotes (3)
- [F1]The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
- [F2]One Performance Right is convertible into the cash value of one share of BlackRock Limited Duration Income Trust.
- [F3]The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.