BDJ director granted cash-settled performance rights

Steinmetz Arthur Philip reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 08/05/2026 - 05:37 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Steinmetz Arthur Philip reported acquisition or exercise transactions in this Form 4 filing.

BlackRock Enhanced Equity Dividend Trust director Arthur Philip Steinmetz received a grant of 29.16 Performance Rights on 2026-08-03. These rights were accrued under the BlackRock Deferred Compensation Plan and are linked to the cash value of an equal number of common shares, to be settled 100% in cash at a future deferral date. Following this award, Steinmetz holds 9,503.85 Performance Rights directly.

Insider Trade Summary

Grant/Award: 29.16 shares

Grant/Award 1 txn

Insider Steinmetz Arthur Philip

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Performance Rights F1, F2, F3	29.16	$9.80	$285.77

Holdings After Transaction: Performance Rights — 9,503.85 rights (Direct)

Footnotes (3)

1. F1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
2. F2. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust.
3. F3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

Key Figures

Performance Rights granted: 29.1600 rights Reference price per Performance Right: $9.8000 per right Total Performance Rights after grant: 9503.8500 rights

3 metrics

Performance Rights granted 29.1600 rights Grant of Performance Rights on 2026-08-03 to director Arthur Philip Steinmetz

Reference price per Performance Right $9.8000 per right Valuation reference for the 29.1600 Performance Rights granted on 2026-08-03

Total Performance Rights after grant 9503.8500 rights Direct holdings of Performance Rights by Arthur Philip Steinmetz following the reported transaction

Key Terms

Performance Rights, Deferred Compensation Plan, cash value of one share

3 terms

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.

Deferred Compensation Plan financial

"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

cash value of one share financial

"One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did BDJ director Arthur Philip Steinmetz report on this Form 4?

Arthur Philip Steinmetz reported a grant of 29.16 Performance Rights linked to BlackRock Enhanced Equity Dividend Trust’s common stock value. The award was accrued under the BlackRock Deferred Compensation Plan and is classified as a derivative, cash-settled compensation arrangement.

How many Performance Rights does BDJ’s Arthur Philip Steinmetz hold after this award?

After the reported grant, Arthur Philip Steinmetz holds 9,503.85 Performance Rights directly. These rights represent a deferred, cash-settled interest tied to the cash value of BDJ shares, not ownership of actual common stock, and are payable at his chosen deferral date.

Does the BDJ Form 4 transaction involve actual share purchases or sales?

No, the reported transaction is a grant of cash-settled Performance Rights, not a market purchase or sale of BDJ shares. Each right is linked to the cash value of one share and will be settled entirely in cash, so no common stock changes hands.

How are the BDJ Performance Rights held by Steinmetz valued and settled?

Each Performance Right is linked to the cash value of one BDJ share, with a reference price of $9.80 per right for this grant. The rights are to be settled 100% in cash at the deferral period selected by Arthur Philip Steinmetz under the deferred compensation plan.

Was the BDJ director’s Form 4 transaction under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the transaction is reported as a compensation-related grant of Performance Rights. There is no indication in the data provided that this award was executed under a Rule 10b5-1 trading arrangement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED 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^*

Steinmetz Arthur Philip

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Rights(1)	(2)	08/03/2026		A		29.16		(3)	(3)	Common Stock	29.16	$9.8	9,503.85	D

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-Fact	08/05/2026
	** Signature of Reporting Person	Date
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)