BDJ director acquires 457.79 Performance Rights; holdings 11,739.95
Flores Lorenzo, identified as a Director of BlackRock Enhanced Equity Dividend Trust (BDJ), reported a securities transaction dated 10/01/2025.
Rhea-AI Filing Summary
Flores Lorenzo, identified as a Director of BlackRock Enhanced Equity Dividend Trust (BDJ), reported a securities transaction dated 10/01/2025. The filing shows the acquisition of 457.79 Performance Rights under the BlackRock Deferred Compensation Plan that are convertible into the cash value of one share each and are to be settled 100% in cash at the deferral date chosen by the reporting person. The filing lists a per-unit price of $9.12 and reports 11,739.95 shares beneficially owned following the reported transaction, held directly. The Form was filed by one reporting person and signed by Gladys Chang as attorney-in-fact on 10/03/2025. The submission discloses compensation-related derivative awards rather than open-market purchases or exercise of option-for-share settlement.
Positive
- Performance Rights granted (457.79) indicate compensation alignment under the BlackRock Deferred Compensation Plan
- Transaction reported by a Director, providing regulatory transparency about insider holdings
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 457.79 | $9.12 | $4K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BDJ director Flores Lorenzo report on Form 4?
How will the Performance Rights for BDJ be settled?
What ownership level was reported after the transaction for BDJ?
What price is shown on the Form 4 for the Performance Rights?
Who signed the Form 4 for the reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.