BLW Director Kester W. Carl Receives Performance Award

What Happened

• Kester W. Carl, a director of BlackRock Limited Duration Income Trust (BLW), was granted 9.14 performance rights on 2026-08-03. The grant is recorded at $12.53 per right, with a total reported value of $115. This was an award/acquisition (derivative instrument), not an open-market purchase.

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (filed two days after the transaction).
• Grant details: 9.14 Performance Rights @ $12.53 each; total reported value $115. Transaction code: A (award/acquisition); security reported as a derivative instrument.
• Shares owned after transaction: not specified in the filing.
• Footnotes: (F1) Rights were accrued under the BlackRock Deferred Compensation Plan. (F2) Each Performance Right converts to the cash value of one BLW share. (F3) Rights will be settled 100% in cash at the deferral period chosen by the reporting person.

Context

• These are cash-settled performance rights (deferred compensation), not actual equity shares granted outright; upon vesting/conversion the payout will be in cash tied to BLW share value. Such awards are routine compensation mechanisms and do not represent an open-market purchase or immediate vote of confidence in the stock.