BlackRock BDJ director granted Performance Rights

Flores Lorenzo reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 04/03/2026 - 05:14 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Flores Lorenzo reported acquisition or exercise transactions in this Form 4 filing.

BlackRock Enhanced Equity Dividend Trust director Lorenzo Flores received a grant of 651.56 Performance Rights tied to the trust’s common stock. The rights were accrued under the BlackRock Deferred Compensation Plan and are settled 100% in cash, each based on the cash value of one BDJ share, bringing his total Performance Rights holdings to 13,549.16. This is a compensation award, not an open-market trade in BDJ shares.

Insider Trade Summary

Grant/Award: 651.56 shares

Grant/Award 1 txn

Insider Flores Lorenzo

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Performance Rights	651.56	$8.75	$6K

Holdings After Transaction: Performance Rights — 13,549.16 rights (Direct)

Footnotes (3)

1. F1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
2. F2. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust.
3. 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: 651.56 rights Reference price per right: $8.75 per unit Total Performance Rights after grant: 13,549.16 rights +2 more

5 metrics

Performance Rights granted 651.56 rights Grant on 2026-04-01 under Deferred Compensation Plan

Reference price per right $8.75 per unit Transaction price per Performance Right

Total Performance Rights after grant 13,549.16 rights Holdings following the reported transaction

Conversion ratio 1 right : cash value of 1 share Each right tied to one BDJ common share value

Exercise price $0.00 Performance Rights have no exercise price; paid in cash

Key Terms

Performance Rights, BlackRock Deferred Compensation Plan, convertible into the cash value, settled 100% in cash

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."

convertible into the cash value financial

"One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust."

settled 100% in cash financial

"The Performance Rights are to be settled 100% in cash at the deferral period chosen."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BDJ director Lorenzo Flores report in this Form 4 filing?

Lorenzo Flores reported receiving 651.56 Performance Rights as compensation. These rights were accrued under BlackRock’s Deferred Compensation Plan and reference the cash value of BlackRock Enhanced Equity Dividend Trust shares, without any open-market purchase or sale of BDJ stock.

Are the BDJ Performance Rights granted to Lorenzo Flores settled in stock or cash?

The Performance Rights are settled 100% in cash rather than stock. Each right is linked to the cash value of one BlackRock Enhanced Equity Dividend Trust share, paid at a future deferral date chosen by the reporting person under the plan.

How many BDJ-related Performance Rights does Lorenzo Flores hold after this grant?

After this grant, Lorenzo Flores holds 13,549.16 Performance Rights. The new award added 651.56 rights, each tied to the cash value of one BDJ share, and all are scheduled for future cash settlement under the deferred compensation arrangement.

Did the BDJ Form 4 show any open-market buying or selling of common shares?

The Form 4 did not show any open-market buying or selling of BDJ common shares. It reported only a grant of cash-settled Performance Rights as compensation, which reference the fund’s share value but do not involve direct stock transactions.

What is a Performance Right in the context of BlackRock Enhanced Equity Dividend Trust (BDJ)?

A Performance Right is a deferred compensation instrument linked to BDJ’s share value. One Performance Right corresponds to the cash value of one BDJ share and is paid entirely in cash at a future deferral date selected by the reporting insider.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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
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^*

Flores Lorenzo

(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)

X	Director		10% 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)

X	Form 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)
			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)	04/01/2026		A		651.56		(3)	(3)	Common Stock	651.56	$8.75	13,549.16	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	04/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)