STOCK TITAN

BDJ (NYSE: BDJ) director receives cash-settled 509 Performance Rights grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Harris Stayce D. reported acquisition or exercise transactions in this Form 4 filing.

BlackRock Enhanced Equity Dividend Trust director Stayce D. Harris received 509.49 Performance Rights as a compensation award. These Performance Rights were accrued under the BlackRock Deferred Compensation Plan and are linked to the value of the trust’s common shares.

Each Performance Right is convertible into the cash value of one BDJ common share and will be settled 100% in cash at a future deferral date chosen by the director. After this grant, Harris holds a total of 13,948.73 Performance Rights directly. This is a routine, non‑trading compensation transaction rather than an open‑market stock purchase or sale.

Positive

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Negative

  • None.
Insider Harris Stayce D.
Role Director
Type Security Shares Price Value
Grant/Award Performance Rights 509.49 $9.57 $5K
Holdings After Transaction: Performance Rights — 13,948.73 shares (Direct)
Footnotes (1)
  1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
Performance Rights granted 509.49 rights Grant/award acquisition on 2026-07-01
Reference price per right $9.57 per right Transaction price per Performance Right
Total Performance Rights after grant 13,948.73 rights Holdings following the reported transaction
Conversion ratio 1 right : cash value of 1 share Each Performance Right tracks one BDJ common share’s cash value
Performance Rights financial
"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
BlackRock Deferred Compensation Plan financial
"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."
settled 100% in cash financial
"The Performance Rights are to be settled 100% in cash at the deferral period chosen."
Form 4 regulatory
"Insider Form 4 reports the acquisition of Performance Rights as compensation."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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FAQ

What did BDJ director Stayce D. Harris report in this Form 4?

Stayce D. Harris reported receiving 509.49 Performance Rights as a compensation grant. These rights are linked to BlackRock Enhanced Equity Dividend Trust’s share value and were accrued under the BlackRock Deferred Compensation Plan, increasing her total Performance Rights holdings to 13,948.73.

Are the BDJ Performance Rights granted to Stayce D. Harris actual shares?

The granted Performance Rights are not actual shares; they are cash-settled rights. Each right is tied to the cash value of one BlackRock Enhanced Equity Dividend Trust common share and will be paid out in cash rather than delivering BDJ stock directly.

How many BDJ-linked Performance Rights does Stayce D. Harris hold after this grant?

After this grant, Stayce D. Harris holds 13,948.73 Performance Rights. The new award of 509.49 rights was added under the BlackRock Deferred Compensation Plan, and all these rights are settled in cash based on BDJ’s common share value.

Was there any open-market buying or selling of BDJ shares in this Form 4?

No open-market buying or selling of BDJ shares occurred in this filing. The transaction reflects a grant of 509.49 cash-settled Performance Rights as compensation, not a purchase or sale of the trust’s common stock on the market.

How will the BDJ Performance Rights granted to Stayce D. Harris be settled?

The Performance Rights will be settled 100% in cash at a deferral date chosen by Stayce D. Harris. Each right converts into the cash value of one BlackRock Enhanced Equity Dividend Trust common share, providing cash compensation tied to future share value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Harris Stayce D.

(Last)(First)(Middle)
50 HUDSON YARDS

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BlackRock Enhanced Equity Dividend Trust [ BDJ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Rights(1)(2)07/01/2026A509.49 (3) (3)Common Stock509.49$9.5713,948.73D
Explanation of Responses:
1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
2. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust.
3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
/s/ Gladys Chang as Attorney-in-Fact07/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)