BlackRock Enhanced Equity Dividend (BDJ) director awarded new cash-settled performance rights
Rhea-AI Filing Summary
Harris Stayce D. reported acquisition or exercise transactions in this Form 4 filing.
BlackRock Enhanced Equity Dividend Trust director Harris Stayce D. received a grant of 555.94 Performance Rights linked to the trust’s common stock. These rights were accrued under the BlackRock Deferred Compensation Plan and reference a value of $8.75 per right.
Each Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust and is to be settled 100% in cash at a deferral period chosen by the director. Following this award, the director holds 13,176.04 Performance Rights in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Stayce D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 555.94 | $8.75 | $5K |
Holdings After Transaction:
Performance Rights — 13,176.04 shares (Direct)
Footnotes (3)
- F1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
- F2. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust.
- F3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
Key Figures
Performance Rights granted: 555.94 rights
Reference price per right: $8.75 per right
Total Performance Rights after grant: 13,176.04 rights
3 metrics
Performance Rights granted
555.94 rights
Grant of Performance Rights on 2026-04-01
Reference price per right
$8.75 per right
Transaction price for Performance Rights grant
Total Performance Rights after grant
13,176.04 rights
Holdings following the reported transaction
Key Terms
Performance Rights, BlackRock Deferred Compensation Plan, cash value, deferral period
4 terms
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."
Cash value is the amount of money you could get right away if an asset or contract were converted to cash or surrendered, after any fees or penalties. Think of it like the cash you could pull out of a savings jar when you need it; for investors it signals how much immediate liquidity or recoverable worth exists in an investment, insurance policy, or balance-sheet item.
deferral period financial
"The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BDJ director Harris Stayce D. report?
The director reported receiving 555.94 Performance Rights as a compensation award. These rights track the value of BlackRock Enhanced Equity Dividend Trust shares and were accrued under a deferred compensation plan, increasing the director’s total Performance Rights holdings to 13,176.04.
How many BDJ-linked Performance Rights does the director hold after this Form 4?
After the reported transaction, the director holds 13,176.04 Performance Rights. This total includes the new 555.94 rights granted and represents the director’s accumulated cash-settled rights tied to the value of BlackRock Enhanced Equity Dividend Trust common shares.
What is the reference value per Performance Right in the BDJ filing?
Each Performance Right in the filing references a value of $8.75 per unit. While the rights are ultimately settled in cash, this per-right value provides the pricing reference for the award tied to BlackRock Enhanced Equity Dividend Trust’s common stock.
What plan governs the BDJ Performance Rights awarded to the director?
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. This plan allows the director to defer compensation into cash-settled rights whose value is based on BlackRock Enhanced Equity Dividend Trust shares, with settlement at a future deferral date.