Director Kester W. Carl Acquires Performance Rights in BlackRock Credit Allocation Income Trust

This Form 4 filing reports that Kester W. Carl, a director of BlackRock Credit Allocation Income Trust (BTZ), acquired 102.14 Performance Rights on July 1, 2026, at a price of $10.22 per right. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan and are convertible into the cash value of one share of the trust's common stock each. These rights will be settled 100% in cash at a deferral period chosen by the reporting person. Following this transaction, Carl owns 34,039.99 Performance Rights. The filing indicates that Carl is a director but not an officer or 10% owner of the company. The transaction represents an award of deferred compensation rather than a direct purchase of common stock.