BlackRock Enhanced Equity Dividend Trust (BDJ) director adds deferred cash-settled Performance Rights
Rhea-AI Filing Summary
BlackRock Enhanced Equity Dividend Trust director reported a deferred compensation transaction involving derivative securities tied to the trust’s common stock. On 01/02/2026, the reporting person acquired 70.47 Performance Rights at a derivative price of $9.39 each, increasing total derivative holdings to 45,982.81 Performance Rights, all held directly.
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan100% in cash at the deferral period chosen by the director, rather than delivering actual shares.
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FAQ
What insider transaction did BDJ disclose in this Form 4?
The filing shows a director of BlackRock Enhanced Equity Dividend Trust (BDJ) acquired 70.47 Performance Rights on 01/02/2026 under a deferred compensation arrangement.
Who is the reporting person in this BDJ Form 4 and what is their role?
The reporting person is a director of BlackRock Enhanced Equity Dividend Trust, as indicated by the checked "Director" box in the relationship section.
How many derivative securities does the BDJ director hold after this transaction?
Following the reported transaction, the director beneficially owns 45,982.81 Performance Rights relating to BlackRock Enhanced Equity Dividend Trust, held in direct form.
What are BDJ Performance Rights and how are they settled?
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. One Performance Right is convertible into the cash value of one BDJ share and will be settled 100% in cash at the deferral period selected by the director.
Does this BDJ Form 4 involve direct purchases of common stock?
No. The transaction reported is in derivative securities (Performance Rights) whose value is linked to BDJ common stock, and they are to be settled in cash rather than in shares.
What is the transaction date on the BDJ director’s deferred compensation award?
The transaction date for the acquisition of the 70.47 Performance Rights is reported as 01/02/2026 in Table II of the filing.