BTZ: director Harris Stayce D. received 923.77 shares

What happened Harris Stayce D., a director, was granted 923.77 performance rights on Oct 1, 2026. The filing reports an acquisition price of $9.34 per share and a total value of $8,628. The transaction is described as a derivative award.

Key details

• Transaction date and price: Oct 1, 2026; 923.77 shares at $9.34 per share; total $8,628.
• Shares owned after the transaction: not reported in the Form 4.
• Footnotes from the filing:
  • The performance rights were accrued under the BlackRock Deferred Compensation Plan.
  • One performance right is convertible into the cash value of one share of BlackRock Credit Allocation Income Trust.
  • The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
• Filing date: Oct 5, 2026. No late filing is indicated in the Form 4.

Why it may matter The award is a grant of performance rights that are convertible into the cash value of shares and will be settled in cash rather than issued as stock. A filing does not show why the insider traded or why the company acted.