Jeffrey Barton Dunbar - 25 Feb 2026 Form 4 Insider Report for BlackRock Alpha Strategies Fund

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
25 Feb 2026
Net transactions value
+$44,231
Form type
4
Filing time
27 Feb 2026, 19:01:54 UTC
Previous filing
26 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dunbar Jeffrey Barton Portfolio Manager 50 HUDSON YARDS, NEW YORK /s/ Gladys Chang as Attorney-in-Fact 27 Feb 2026 0001852859

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise +5,015 5,015 25 Feb 2026 Direct F1, F2, F3, F4
transaction Common Stock Disposed to Issuer $54,207 -5,015 -100% $10.81 0 25 Feb 2026 Direct F1, F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction Phantom Shares Award $98,437 +9,106 $10.81 9,106 25 Feb 2026 Common Stock 9,106 Direct F1, F5
transaction Phantom Shares Options Exercise -2,633 -33% 5,265 25 Feb 2026 Common Stock 2,633 Direct F1, F2
transaction Phantom Shares Options Exercise -942 -50% 942 25 Feb 2026 Common Stock 942 Direct F1, F3
transaction Phantom Shares Options Exercise -1,440 -100% 0 25 Feb 2026 Common Stock 1,440 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
F2 As previously reported on a Form 4 dated February 26, 2025, the Reporting Person was granted phantom shares on February 25, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
F3 As previously reported on a Form 4 dated March 5, 2024, the Reporting Person was granted phantom shares on February 23, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
F4 The Reporting Person was granted phantom shares on February 24, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
F5 These phantom shares vest in equal installments on each of the first three anniversaries of the award.