HUBBARD ROBERT GLENN 4

What Happened

• Robert Glenn Hubbard, a director of BlackRock Limited Duration Income Trust (ticker: BLW), was granted 968.58 performance rights on 2026-04-01. The filing values the award at $12.60 per right, for a total value of $12,204. This is an award/accrual of derivative awards (code "A"), not an open‑market purchase of common shares.

Key Details

• Transaction date and price: 2026-04-01; 968.58 performance rights at a reported per‑right value of $12.60 (total $12,204).
• Shares/ownership after transaction: Not specified in the information provided in this summary (beneficial ownership following the grant was not included).
• Footnotes:
  • F1: Rights were accrued under the BlackRock Deferred Compensation Plan.
  • F2: Each Performance Right converts into the cash value of one BLW share.
  • F3: The Performance Rights will be settled 100% in cash at the deferral period chosen by the reporting person.
• Filing timeliness: Transaction occurred 2026-04-01 and the Form 4 was filed 2026-04-03; this appears to be a timely filing (within typical 2-business-day Form 4 requirement).

Context

• These are cash‑settled performance rights (derivatives), meaning Hubbard did not receive tradable BLW shares or additional voting power now; each right converts to the cash value of one share at settlement. Such awards are typically part of executive/director compensation and do not necessarily signal a personal buy or sell decision.