Harris Stayce D. 4

What Happened

• Stayce D. Harris, a director of BlackRock Credit Allocation Income Trust (BTZ), was granted 834.24 performance rights on 2026-07-01. The filing lists a per-right value of $10.22, for a total reported value of $8,526. This was an award/acquisition (derivative), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-07-01; 834.24 performance rights @ $10.22 each (total $8,526).
• Shares owned after transaction: not specified in the filing.
• Instrument: Performance Rights (derivative), not actual shares — see footnotes below.
• Filing date: 2026-07-06 (filed 5 days after the transaction), which appears later than the standard 2-business-day Form 4 deadline.
• Footnotes: (1) Rights were accrued under the BlackRock Deferred Compensation Plan. (2) Each Performance Right converts into the cash value of one BTZ share. (3) Rights are settled 100% in cash at the deferral period chosen by the reporting person.

Context

• These performance rights are a form of deferred compensation for a director and are settled in cash rather than delivering voting stock, so this does not immediately increase insider equity stake or convey voting power. Such awards are typically routine director compensation and should not be interpreted as an open-market buy or sell signal.