Flores Lorenzo 4

What Happened Lorenzo Flores, a director of BlackRock Ltd Duration Income Trust (BLW), received an award of 796.7 performance rights on July 1, 2026. The filing lists a per‑unit value of $12.46, for a total grant value of approximately $9,927. This was an award/acquisition (code A) of derivative awards, not an open‑market purchase or sale of stock.

Key Details

• Transaction date and value: 2026-07-01; 796.7 performance rights at $12.46 each; total ≈ $9,927.
• Transaction type: Award/Grant (derivative instrument).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes:
  • F1: Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
  • F2: Each Performance Right converts into the cash value of one share of BLW.
  • F3: Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
• Filing timeliness: Form filed 2026-07-06 for a 2026-07-01 transaction (filed five days after the transaction); Form 4s are generally due within two business days, so this filing appears to have been delayed.

Context These were derivative, deferred‑compensation awards (performance rights) that will be settled in cash rather than delivered as shares, so no immediate change in publicly tradable share count occurred. Awards under deferred compensation plans are common for directors and do not by themselves indicate a buy or sell signal for the market.