Blackrock ltd duration income trust: director Kester W Carl received 100.48 shares

What happened Kester W Carl, a director, received 100.48 performance rights as an award (derivative) on Oct 1, 2026; the filing shows a grant price of $11.70 per right, totaling $1,176. The rights are reported as performance rights accrued under the BlackRock Deferred Compensation Plan and marked for cash settlement.

Key details

• Transaction date and price: Oct 1, 2026 — award of 100.48 performance rights at $11.70 per right (total $1,176).
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing: F1 — performance rights were accrued under the BlackRock Deferred Compensation Plan; F2 — one performance right is convertible into the cash value of one share; F3 — the performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
• Filing date: Oct 5, 2026; the filing does not indicate it was late.

Why it may matter This was an award of performance rights (a derivative grant) rather than a purchase or sale of market shares. The rights are convertible to the cash value of shares and will be settled in cash per the deferral choice. A filing does not show why the insider traded or why the company acted.