KESTER W CARL 4

What happened

• Kester W. Carl, a director of BlackRock Limited Duration Income Trust (BLW), received a grant of 84.66 performance rights on 2026-07-01. The filing lists a per-right value of $12.46, for a total reported value of $1,055. This was an award (code A) of derivative rights, not an open-market purchase of shares.

Key details

• Transaction date and terms: 2026-07-01 — 84.66 Performance Rights at $12.46 each; total $1,055.
• Transaction type: Award/grant of performance rights (derivative), reported on Form 4.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: (F1) Rights accrued under the BlackRock Deferred Compensation Plan; (F2) each Performance Right converts into the cash value of one BLW share; (F3) rights will 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 5 days later). Form 4s are typically due within two business days of the transaction, so this filing appears later than the usual reporting window.

Context

• These are performance rights settled in cash (not issuance of common shares). They represent a deferred-compensation award tied to BLW share value rather than an immediate stock purchase — thus they are different from a direct insider purchase or sale and do not itself indicate a personal market trade.