Randy William Berkowitz - 30 Jan 2026 Form 4 Insider Report for BlackRock Capital Allocation Term Trust (BCAT)

Reporting relationship: Portfolio Manager
Issuer ticker: BCAT
Reported as of: 30 Jan 2026
Net transaction value: -$54,102
SEC form: 4
Accepted by SEC: 03 Feb 2026, 17:22:29 UTC
Prior SEC filing: 04 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ Gladys Chang as Attorney-in-Fact

Key filing fact

Randy William Berkowitz filed Form 4 for BlackRock Capital Allocation Term Trust (BCAT) on 03 Feb 2026.

Key facts

This page summarizes Randy William Berkowitz's Form 4 filing for BlackRock Capital Allocation Term Trust (BCAT).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 03 Feb 2026, 17:22.

Change

Previous filing in this sequence was filed on 04 Feb 2025.
Current net transaction value: -$54,102.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002028740 Primary reporting owner

Berkowitz Randy William

Relationship: Portfolio Manager
Address: 50 HUDSON YARDS, NEW YORK
Signature: /s/ Gladys Chang as Attorney-in-Fact
Signature date: 03 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BCAT transaction

Common Stock

Options Exercise

Transaction value
Shares: +3,680
Change %
Price
Shares after: 3,680
Date: 30 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F3

BCAT transaction

Common Stock

Disposed to Issuer

Transaction value: $54,102
Shares: -3,680
Change %: -100%
Price: $14.70
Shares after: 0
Date: 30 Jan 2026
Ownership: Direct
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BCAT transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -712
Change %: -33%
Price
Shares after: 1,424
Date: 30 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 712
Exercise price
Footnotes: F1, F2

BCAT transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -2,968
Change %: -50%
Price
Shares after: 2,968
Date: 30 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,968
Exercise price
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

Footnote F3

As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.