BlackRock Enhanced Equity Dividend Trust (BDJ) director reports new cash-settled performance rights
Rhea-AI Filing Summary
BlackRock Enhanced Equity Dividend Trust director reports new deferred compensation award. A director of BlackRock Enhanced Equity Dividend Trust (ticker BDJ) acquired 705.13 Performance Rights on 01/02/2026 at a derivative security price of $9.39. Each Performance Right tracks the cash value of one share of the trust’s common stock under the BlackRock Deferred Compensation Plan.
After this transaction, the director beneficially owned 7,649.88 Performance Rights on a direct basis. These Performance Rights are structured to be settled 100% in cash at a deferral period chosen by the director, meaning they do not directly deliver BDJ shares but mirror their value in cash.
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FAQ
What insider transaction did BDJ disclose in this Form 4?
A director of BlackRock Enhanced Equity Dividend Trust (BDJ) acquired 705.13 Performance Rights on 01/02/2026 under a deferred compensation arrangement.
What are the Performance Rights reported for BlackRock Enhanced Equity Dividend Trust (BDJ)?
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. Each right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust common stock.
How many Performance Rights does the BDJ director own after this transaction?
Following the reported transaction, the director beneficially owned 7,649.88 Performance Rights, held in direct form.
Will the BDJ Performance Rights be settled in stock or cash?
The filing states that the Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person, rather than delivering BDJ shares.
What is the relationship of the reporting person to BlackRock Enhanced Equity Dividend Trust (BDJ)?
The reporting person is identified as a Director of BlackRock Enhanced Equity Dividend Trust.
Is the BDJ Form 4 filed for one person or multiple insiders?
The document indicates it is a Form filed by One Reporting Person, not a joint or group filing.