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10% owner Saba Capital Management, L.P. sells $3.23M of BlackRock ESG Capital Allocation Term Trust stock

By Insider Stock Trader Newsroom1 min readInsider Stock Trader
10% owner Saba Capital Management, L.P. sells $3.23M of BlackRock ESG Capital Allocation Term Trust stock10% 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.

The sale
CompanyBlackRock ESG Capital Allocation Term Trust (ECAT)
InsiderSaba Capital Management, L.P.
Role10% owner
TransactionOpen-market sale (code S)
Shares235,008
Average price$13.76
Value$3,233,710
Trade dateNov 3, 2026
Filed with the SECNov 4, 2026, 5:06 PM ET
Shares held after11,931,933
OwnershipIndirect
Rule 10b5-1 planNot marked in the filing

See this filing row by row in Insider Stock Trader

View the Form 4 on SEC.gov

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.