Vice President Stephen Thomas Minar filed a Form 4 on October 29, 2026, disclosing the acquisition of 1,407 common shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT) through a transferable subscription rights offering, with an issuance date of October 27, 2026.

Key Highlights

  • Reporting person: Stephen Thomas Minar, Vice President of BlackRock Capital Allocation Term Trust
  • Shares acquired: 1,407 common shares on October 27, 2026, via transaction code X
  • Subscription price: $13.30 per common share, as set by the Rights Offering
  • Beneficial ownership following transaction: 8,348.3306 common shares held directly
  • Rights exercised: 7,035 transferable subscription rights, with an expiration date of October 21, 2026
  • Rights Offering record date: September 25, 2026; one right issued per outstanding whole common share held on that date

Minar's Participation in BlackRock Capital Allocation Term Trust Rights Offering

According to the filing, BlackRock Capital Allocation Term Trust announced on September 10, 2026, the terms of a pro rata offering of transferable subscription rights to holders of the Fund's common shares as of the record date of September 25, 2026. The filing states that "Record Date Shareholders received one Right for each outstanding whole common share held on the record date," and that the rights entitled holders to purchase one new common share for every five rights held. The filing further notes that any Record Date Shareholder owning fewer than five common shares as of the close of business on the record date was entitled to subscribe for one common share.

The filing discloses that the subscription price per common share was $13.30. Minar, identified as a Vice President and officer of the issuer, exercised 7,035 transferable subscription rights to acquire 1,407 common shares, with October 27, 2026 reported as the issuance date for those shares. Following the transaction, the filing reports Minar directly beneficially owned 8,348.3306 common shares. The derivative security column shows zero transferable subscription rights remaining after the exercise.

The aggregate Rights Offering covered up to 21,255,200 common shares of the Fund in total, according to the filing. The Form 4 was signed by Gladys Chang as Attorney-in-Fact on October 29, 2026, and the filing indicates it was made by one reporting person. No amendment date is indicated, suggesting this is an original filing.

What Was Disclosed

Vice President Stephen Thomas Minar disclosed the acquisition of 1,407 BlackRock Capital Allocation Term Trust common shares at $13.30 each through a transferable subscription rights exercise on October 27, 2026, bringing his direct beneficial ownership to 8,348.3306 shares.