BlackRock Enhanced Equity Dividend Trust (BDJ) director adds 556.69 cash Performance Rights
Rhea-AI Filing Summary
BlackRock Enhanced Equity Dividend Trust director filed a Form 4 reporting an acquisition of cash-settled performance-based compensation tied to the trust’s common shares. On 01/02/2026, the director acquired 556.69 Performance Rights under the BlackRock Deferred Compensation Plan at a derivative price of $9.39 per right. These Performance Rights track the cash value of one share of BlackRock Enhanced Equity Dividend Trust each and are designed to be settled 100% in cash at a deferral period chosen by the director. Following this grant, the director beneficially owns 13,201.33 Performance Rights on a direct basis.
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FAQ
What insider transaction did BlackRock Enhanced Equity Dividend Trust (BDJ) report on this Form 4?
The Form 4 reports that a director of BlackRock Enhanced Equity Dividend Trust acquired 556.69 cash-settled Performance Rights on 01/02/2026 under a deferred compensation plan.
How are the BDJ Performance Rights described in this Form 4 structured?
Each Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust common stock and will be settled entirely in cash.
What is the total number of BDJ Performance Rights held after the reported transaction?
After acquiring 556.69 additional rights, the director beneficially owns 13,201.33 Performance Rights tied to BlackRock Enhanced Equity Dividend Trust, held as a direct interest.
What was the price associated with the BDJ Performance Rights granted on 01/02/2026?
The Performance Rights granted on 01/02/2026 are reported with a derivative security price of $9.39 per right in the Form 4.
Will the BlackRock Enhanced Equity Dividend Trust (BDJ) Performance Rights be settled in stock or cash?
The disclosure states that the Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person, rather than in shares.
Under what plan were the BDJ Performance Rights accrued?
The Performance Rights were accrued under the BlackRock Deferred Compensation Plan, as explained in the footnotes to the Form 4.