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

Rhea-AI Filing Summary

James Phillip Holloman, a director of BlackRock Enhanced Equity Dividend Trust (BDJ), reported acquiring 572.24 performance rights on 10/01/2025. The filing shows the performance rights were accrued under the BlackRock Deferred Compensation Plan, each right convertible into the cash value of one share of the trust and to be settled 100% in cash at the deferral date chosen by the reporting person. After this grant, the reporting person beneficially owns 12,249.34 shares (direct ownership). The Form 4 was signed by an attorney-in-fact on behalf of the reporting person and records the transaction as a non-derivative/derivative grant under the company’s deferred compensation arrangements.

Positive

• 572.24 performance rights were granted to a director under the BlackRock Deferred Compensation Plan
• Reporting person’s disclosed beneficial ownership increased to 12,249.34 shares

Negative

• The performance rights are to be settled 100% in cash, so they do not convert into issued shares
• The filing does not disclose exercise/settlement dates or deferral timeline for the cash settlement

Insights

Corporate Governance Analyst

Director received a cash-settled deferred compensation grant of 572.24 performance rights.

The Form 4 documents a compensation-related grant under the BlackRock Deferred Compensation Plan rather than an open-market purchase. The rights are convertible into the cash value of one share each and are to be settled 100% in cash, so no new shares will be issued on settlement.

This increases the reporting person’s disclosed beneficial interest to 12,249.34 shares, but because the award is cash-settled, it does not create immediate share dilution or change voting stakes until cash settlement terms are executed.

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)
10/01/2025

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)	10/01/2025		A		572.24		(3)	(3)	Common Stock	572.24	$9.12	12,249.34	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	10/03/2025
	** 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 transaction did BDJ director James Phillip Holloman report?

He reported the grant/acquisition of 572.24 performance rights on 10/01/2025 under the company’s deferred compensation plan.

Are the performance rights convertible into stock for BDJ?

Each performance right is convertible into the cash value of one share; the instrument is cash-settled, not share-settled.

How many BDJ shares does the reporting person beneficially own after the grant?

The Form 4 reports beneficial ownership of 12,249.34 shares following the reported transaction.

Was this Form 4 filed jointly or by one reporting person?

The filing is marked as a Form filed by One Reporting Person.

Under what plan were the performance rights accrued?

They were accrued under the BlackRock Deferred Compensation Plan as stated in the filing.