BlackRock Enhanced Equity Dividend Trust (BDJ) director logs new cash-based Performance Rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Enhanced Equity Dividend Trust director reported a deferred compensation-related transaction in derivative securities tied to the trust’s common stock. On 01/02/2026, the director acquired 733.52 Performance Rights under the BlackRock Deferred Compensation Plan. Each Performance Right is linked to the cash value of one share of BlackRock Enhanced Equity Dividend Trust common stock and is priced at $9.39 per right.
After this transaction, the director beneficially owned 95,144.76 Performance Rights, held directly. These rights are structured to be settled 100% in cash at a deferral period chosen by the director, rather than in shares, but their value is based on the trust’s share price.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUBBARD ROBERT GLENN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 733.52 | $9.39 | $7K |
Holdings After Transaction:
Performance Rights — 95,144.76 shares (Direct)
Footnotes (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.
FAQ
What insider transaction was reported for BDJ on the latest Form 4?
A director of BlackRock Enhanced Equity Dividend Trust (BDJ) reported acquiring 733.52 Performance Rights on 01/02/2026 under a deferred compensation plan.
What are the Performance Rights reported by the BDJ director?
Performance Rights are derivative awards accrued under the BlackRock Deferred Compensation Plan, each convertible into the cash value of one BDJ share.
How and when will the BDJ Performance Rights be settled?
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 exercise price and underlying security for the BDJ Performance Rights?
The Performance Rights are priced at $9.39 and are linked to BlackRock Enhanced Equity Dividend Trust common stock, with 733.52 shares underlying the new rights.
How many BDJ Performance Rights does the director own after this transaction?
Following the reported transaction, the director beneficially owned 95,144.76 Performance Rights, held directly.
What is the reporting person’s relationship to BlackRock Enhanced Equity Dividend Trust (BDJ)?
The reporting person is identified as a Director of BlackRock Enhanced Equity Dividend Trust on the Form 4.