BlackRock Enhanced Equity Dividend Trust (BDJ) director reports new Performance Rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Enhanced Equity Dividend Trust director reported a new deferred compensation award. On 01/02/2026, the director received 16 Performance Rights under the BlackRock Deferred Compensation Plan. Each Performance Right is tied to the cash value of one share of BlackRock Enhanced Equity Dividend Trust and will be settled 100% in cash at a deferral period chosen by the director.
After this transaction, the director beneficially owns 9,588.41 derivative securities in the form of Performance Rights, held directly. The filing describes this as an acquisition coded "A" at a reference price of $9.39 per underlying share, reflecting routine, cash-settled deferred compensation rather than a direct purchase or sale of fund shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Catherine A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 16 | $9.39 | $150.24 |
Holdings After Transaction:
Performance Rights — 9,588.41 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did BDJ report in this Form 4?
A director of BlackRock Enhanced Equity Dividend Trust (BDJ) reported acquiring 16 cash-settled Performance Rights on 01/02/2026 under a deferred compensation plan.
What are the Performance Rights reported for BDJ?
Performance Rights are derivative awards where one right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust, settled entirely in cash.
How many Performance Rights does the BDJ director now hold?
Following the reported transaction, the director beneficially owns 9,588.41 Performance Rights, held in a direct ownership capacity.
At what reference price were the BDJ Performance Rights valued?
The Form 4 lists a price of $9.39 per underlying share for the 16 Performance Rights acquired on 01/02/2026.
How and when will the BDJ Performance Rights be settled?
According to the disclosure, the Performance Rights will be settled 100% in cash at the deferral period chosen by the reporting person.