10% owner Saba Capital Management, L.P. sells $3.23M of BlackRock ESG Capital Allocation Term Trust stock
The 10% owner sold at an average of $13.76 a share, according to a Form 4 filed with the SEC on Nov 4. Information only, not investment advice.
Saba Capital Management, L.P., a holder of more than 10% of BlackRock ESG Capital Allocation Term Trust (ECAT), sold 235,008 shares on Nov 3 at an average price of $13.76, a total of $3.23 million, according to a Form 4 filed on Nov 4.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. After the trade, the filing lists 11,931,933 shares held.
The trade was reported within two business days, as Section 16 requires.
The numbers below are taken from the Form 4 as filed with the SEC.
| Company | BlackRock ESG Capital Allocation Term Trust (ECAT) |
|---|---|
| Insider | Saba Capital Management, L.P. |
| Role | 10% owner |
| Transaction | Open-market sale (code S) |
| Shares | 235,008 |
| Average price | $13.76 |
| Value | $3,233,710 |
| Trade date | Nov 3, 2026 |
| Filed with the SEC | Nov 4, 2026, 5:06 PM ET |
| Shares held after | 11,931,933 |
| Ownership | Indirect |
| Rule 10b5-1 plan | Not marked in the filing |
See this filing row by row in Insider Stock Trader
See earlier insider stories on BlackRock ESG Capital Allocation Term Trust · See more large insider sales
Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
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