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

Rhea-AI Filing Summary

BlackRock Enhanced Equity Dividend Trust (BDJ) – Form 4 filing dated 07/03/2025

Director James Phillip Holloman reported activity in the BlackRock Deferred Compensation Plan. On 07/01/2025 he acquired 585.26 Performance Rights, each economically equivalent to the cash value of one BDJ common share, at an indicative price of $8.92 per right. Following the transaction he holds 11,439.31 Performance Rights, all classified as direct ownership.

The Performance Rights are cash-settled and will be paid out at a deferral period chosen by the director; they do not convert into actual BDJ shares. No open-market purchase or sale of BDJ common stock occurred, and there was no change to the public float or share count.

Because the transaction reflects routine deferred compensation rather than a discretionary trade, the filing is typically considered administrative and neutral from a market-impact standpoint.

Insights

Securities Analyst

TL;DR: Routine deferred-comp award; no share issuance; neutral market impact.

This Form 4 records the accrual of 585.26 cash-settled Performance Rights for Director James Holloman under BlackRock’s deferred compensation plan. The rights mirror BDJ share value but will be paid in cash, so there is no dilution or direct insider share purchase. Post-transaction holdings rise to 11,439.31 rights. Given the administrative nature and lack of equity movement, I view the disclosure as neutral for shareholders.

Corporate Governance Specialist

TL;DR: Standard director compensation disclosure; compliance satisfactory.

The filing demonstrates adherence to Section 16 reporting requirements. The award aligns director pay with fund performance via cash-settled instruments while avoiding dilution. No red flags appear in form completeness or timing. Impact on governance perception and valuation is minimal.

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
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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^*

Holloman James Phillip

(Last) (First) (Middle)

50 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	07/01/2025		A		585.26		(3)	(3)	Common Stock	585.26	$8.92	11,439.31	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	07/03/2025
	** 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.

FAQ

What did Director James Phillip Holloman report in the Form 4 for BDJ?

He acquired 585.26 cash-settled Performance Rights under the BlackRock Deferred Compensation Plan on 07/01/2025.

Do the reported Performance Rights convert into BDJ shares?

No. The rights are 100% cash-settled at the end of the chosen deferral period and do not issue new shares.

How many Performance Rights does Holloman now hold?

After the transaction, he beneficially owns 11,439.31 Performance Rights.

Was there any open-market purchase or sale of BDJ stock?

No. The filing shows only an accrual of deferred compensation; no BDJ common stock was bought or sold.

Does this Form 4 have material impact on BDJ shareholders?

Impact is considered neutral; it reflects routine director compensation without affecting share count or cash flows.