STOCK TITAN

Robert Glenn Hubbard (BDJ) receives cash-settled performance rights grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HUBBARD ROBERT GLENN reported acquisition or exercise transactions in this Form 4 filing.

BlackRock Enhanced Equity Dividend Trust director Robert Glenn Hubbard received a grant of performance rights as deferred compensation. On April 1, 2026, he was awarded 788.1600 performance rights at a reference value of $8.7500 per right, each tied to the value of one common share.

These performance rights accrue under the BlackRock Deferred Compensation Plan and are 100% cash-settled at a deferral date he has chosen, so they do not represent current ownership of common shares. Following this award, his reported balance of performance rights increased to 97,850.7700.

Positive

  • None.

Negative

  • None.
Insider HUBBARD ROBERT GLENN
Role Director
Type Security Shares Price Value
Grant/Award Performance Rights 788.16 $8.75 $7K
Holdings After Transaction: Performance Rights — 97,850.77 shares (Direct)
Footnotes (1)
  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.
Performance rights granted 788.1600 rights Grant on April 1, 2026
Reference value per right $8.7500 per right Recorded transaction price
Total performance rights after grant 97,850.7700 rights Holdings following transaction
Underlying common stock linkage 1 right = cash value of 1 share Conversion relationship stated in footnote
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."
deferral period financial
"to be settled 100% in cash at the deferral period chosen by the reporting person."
SEC Form 4
FORM 4UNITED 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*
HUBBARD ROBERT GLENN

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Rights(1)(2)04/01/2026A788.16 (3) (3)Common Stock788.16$8.7597,850.77D
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-Fact04/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did BDJ director Robert Glenn Hubbard report?

He reported receiving 788.1600 performance rights as a compensation grant. These rights are linked to BlackRock Enhanced Equity Dividend Trust’s common stock value and will be settled entirely in cash at a future deferral date he selected under a deferred compensation plan.

Are the BDJ performance rights granted to Robert Glenn Hubbard actual shares?

No, they are not actual shares of BDJ common stock. Each performance right tracks the cash value of one share, but the award is designed to be settled 100% in cash at the chosen deferral period, not in stock.

How many BDJ performance rights did Robert Glenn Hubbard hold after this Form 4 transaction?

After the grant, his reported balance rose to 97,850.7700 performance rights. This figure reflects his total holdings of these cash-settled instruments under the BlackRock Deferred Compensation Plan following the April 1, 2026 award of additional rights.

What is the reference value used for the BDJ performance rights granted?

The 788.1600 performance rights were recorded at a reference value of $8.7500 per right. Each right is convertible into the cash value of one BlackRock Enhanced Equity Dividend Trust share, tying the deferred compensation’s value to the fund’s share performance.

How and when will Robert Glenn Hubbard’s BDJ performance rights be settled?

They will be settled entirely in cash at a deferral period he previously chose. Under the BlackRock Deferred Compensation Plan, one performance right corresponds to the cash value of one BDJ share, paid when the specified deferral date is reached.