[Form 4] BlackRock Enhanced Equity Dividend Trust Insider Trading Activity

Rhea-AI Filing Summary

Arthur Philip Steinmetz, a director of BlackRock Enhanced Equity Dividend Trust (BDJ), reported a transaction dated 10/01/2025 showing the accrual of 724.97 Performance Rights under the BlackRock Deferred Compensation Plan. Each Performance Right is convertible into the cash value of one share of the trust's common stock and the rights are to be settled 100% in cash at the deferral date chosen by Mr. Steinmetz. Following the reported transaction, the filing shows beneficial ownership of 6,727.63 shares in a direct form. The filing identifies a reported transaction price of $9.12 per underlying share-equivalent for the disclosed rights.

Positive

• 724.97 Performance Rights were accrued under the BlackRock Deferred Compensation Plan
• Performance Rights convert to cash value of one share and are to be settled 100% in cash
• Reporting shows direct beneficial ownership of 6,727.63 shares following the transaction

Negative

• None.

Insights

Compensation Analyst

Director accrued 724.97 performance rights payable in cash under the deferred plan.

The filing documents 724.97 Performance Rights credited to the reporting director under the BlackRock Deferred Compensation Plan. Each right converts to the cash value of one share, and settlement is stated as 100% cash, so there is no issuance of additional equity.

This matters because the award is a compensation accrual rather than a stock grant, affecting cash-deferral accounting and not immediately diluting shareholders.

Corporate Governance Expert

Director ownership shown as 6,727.63 shares after the reported accrual.

The report shows the director holds 6,727.63 shares directly following the transaction and that the performance rights were earned under the firm's deferred compensation plan.

This discloses director compensation and current direct ownership level, a routine insider disclosure relevant to oversight and shareholding transparency.

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
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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^*

Steinmetz Arthur Philip

(Last) (First) (Middle)

50 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	10/01/2025		A		724.97		(3)	(3)	Common Stock	724.97	$9.12	6,727.63	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	10/03/2025
	** 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.

FAQ

What did BDJ director Arthur Steinmetz report on Form 4?

He reported the accrual of 724.97 Performance Rights under the BlackRock Deferred Compensation Plan with a transaction date of 10/01/2025.

How are the Performance Rights settled according to the filing?

The filing states the Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.

What is the conversion mechanics of the Performance Rights?

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

How many shares does the director beneficially own after the reported transaction?

The Form 4 shows beneficial ownership of 6,727.63 shares in a direct form following the reported transaction.

What price is shown in the filing for the underlying share-equivalent?

The filing lists a reported price of $9.12 associated with the disclosed underlying share-equivalent for the Performance Rights.