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  4. [Form 4] BlackRock Enhanced Equity Dividend Trust Insider Trading Activity

Director at BlackRock Enhanced Equity Dividend (NYSE: BDJ) granted cash-settled performance rights

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

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 781.81 Performance Rights. The rights were accrued under the BlackRock Deferred Compensation Plan and each right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust.

The Performance Rights will be settled 100% in cash at a deferral period chosen by Steinmetz. Following this grant, he holds a total of 8,585.89 Performance Rights directly, providing additional cash-settled, share-linked compensation rather than an open-market stock purchase.

Positive

  • None.

Negative

  • None.
Insider Steinmetz Arthur Philip
Role Director
Type Security Shares Price Value
Grant/Award Performance Rights 781.81 $8.75 $7K
Holdings After Transaction: Performance Rights — 8,585.89 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 781.81 rights Grant to Arthur Philip Steinmetz on 2026-04-01
Performance Rights price reference $8.75 per right Transaction price per Performance Right
Total Performance Rights after grant 8,585.89 rights Direct holdings following reported transaction
Underlying common stock linkage 1 right : 1 share cash value Each right tied to cash value of one BDJ share
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."
cash value financial
"One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust."
deferral period financial
"The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person."
Form 4 Insider Transactions: What Each Field Means →
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*
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		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)04/01/2026A781.81 (3) (3)Common Stock781.81$8.758,585.89D
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-Fact04/03/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did BDJ director Arthur Philip Steinmetz report?

Arthur Philip Steinmetz reported an acquisition of 781.81 Performance Rights linked to BlackRock Enhanced Equity Dividend Trust. These rights were granted under the BlackRock Deferred Compensation Plan and increase his total Performance Rights holdings to 8,585.89, representing additional cash-settled, share-linked compensation.

How many BDJ Performance Rights were granted in this Form 4 filing?

The filing shows a grant of 781.81 Performance Rights to director Arthur Philip Steinmetz. Each Performance Right corresponds to the cash value of one share of BlackRock Enhanced Equity Dividend Trust, and the grant increases his total Performance Rights position to 8,585.89 units.

Are the BDJ Performance Rights settled in stock or cash for Arthur Steinmetz?

The Performance Rights for Arthur Steinmetz are settled 100% in cash. According to the footnotes, each right represents the cash value of one BDJ share and will be paid out in cash at the deferral period he has selected under the BlackRock Deferred Compensation Plan.

What does one BDJ Performance Right represent in this Form 4?

One Performance Right represents the cash value of one share of BlackRock Enhanced Equity Dividend Trust. The filing states that each Performance Right is convertible into that cash value, so Steinmetz’s 781.81 new rights track the cash performance of an equivalent number of BDJ shares.

When will Arthur Steinmetz’s BDJ Performance Rights be paid out?

The Performance Rights will be settled in cash at the deferral period chosen by Arthur Steinmetz. The filing explains that these rights were accrued under the BlackRock Deferred Compensation Plan and are payable 100% in cash at the time he has elected for deferral.

How many BDJ Performance Rights does Arthur Steinmetz hold after this grant?

After receiving 781.81 additional Performance Rights, Arthur Steinmetz holds 8,585.89 Performance Rights in total. This figure reflects his direct holdings following the reported grant under the BlackRock Deferred Compensation Plan tied to BlackRock Enhanced Equity Dividend Trust.