Menge Steven Reid 4

4 · BlackRock Science & Technology Trust · Filed Feb 3, 2026

AI-generated summary of this filing

Updated Feb 3, 2026

BST Portfolio Manager Steven Menge Sells ~564 Shares

What Happened

Steven Reid Menge, a portfolio manager at BlackRock Science & Technology Trust (BST), had multiple derivative/phantom-share transactions on January 30, 2026. He exercised/converted phantom/derivative awards and disposed to the issuer 563.996 shares at $40.94 for proceeds reported as $23,090. On the same date he was also granted 793.234 phantom shares valued at $40.94 each (total ~$32,475) and completed additional derivative exercises/conversions that resulted in dispositions of 215.390, 127.337 and 221.268 shares (all recorded as derivative transactions).
These transactions include both an award (A) and exercises/conversions (M) with subsequent dispositions (D) to the issuer. The dispositions to the issuer indicate cash settlement or surrender to the issuer rather than open-market sales.

Key Details

Transaction date: 2026-01-30; reported on Form 4 filed 2026-02-03 (timely filing).
Reported prices/values: Disposition price shown $40.94 for the 563.996-share disposal (proceeds $23,090); the 793.234-share award valued at $40.94 (~$32,475). Other exercised/conversion entries show N/A for per-share price (cash-settled/derivative).
Shares owned after transaction: not specified in this filing.
Footnotes: Phantom shares are cash-settled equivalents of common stock (F1). Grants dated Jan 31 of 2023–2025 vest in equal installments on each of the first three anniversaries of the grant (F2–F5).
Transaction codes: M = exercise/conversion of derivative; D = disposition to issuer; A = award/grant. Disposition to issuer commonly reflects cash settlement or shares surrendered to cover tax/withholding rather than an open-market sale.

Context

These were derivative/phantom-share transactions (cash-settled) and an award grant; the disposition to the issuer means proceeds were handled with the issuer (not a market sale), so this activity is routine compensation/settlement rather than a straightforward buy or open-market sell.

Form 4

Period: 2026-01-30

Other

Transactions

Exercise/Conversion
Common Stock
[F1][F2][F3][F4]
2026-01-30+563.996→ 563.996 total
Disposition to Issuer
Common Stock
[F1][F2][F3][F4]
2026-01-30$40.94/sh−563.996$23,090→ 0 total
Award
Phantom Shares
[F1][F5]
2026-01-30$40.94/sh+793.234$32,475→ 793.234 total
→ Common Stock (793.234 underlying)
Exercise/Conversion
Phantom Shares
[F1][F2]
2026-01-30−215.39→ 430.78 total
→ Common Stock (215.39 underlying)
Exercise/Conversion
Phantom Shares
[F1][F3]
2026-01-30−127.337→ 127.337 total
→ Common Stock (127.337 underlying)
Exercise/Conversion
Phantom Shares
[F1][F4]
2026-01-30−221.268→ 0 total
→ Common Stock (221.268 underlying)

Footnotes (5)

[F1]A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
[F2]As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
[F3]As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
[F4]As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
[F5]These phantom shares vest in equal installments on each of the first three anniversaries of the award.

Signature

/s/ Gladys Chang as Attorney-in-Fact|2026-02-03

1 file