BlackRock Enhanced Equity Dividend Trust (BDJ) reported a director transaction on a Form 4. On 10/01/2025, the reporting person acquired 306.21 Performance Rights under the BlackRock Deferred Compensation Plan, coded as A in the derivative table. Each Performance Right is convertible into the cash value of one BDJ share and is to be settled 100% in cash at the deferral period chosen by the reporting person. The filing lists a price of $9.12 for the derivative security. Following this transaction, the reporting person beneficially owns 44,477 derivative securities, held directly (D).
James Phillip Holloman, a director of BlackRock Enhanced Equity Dividend Trust (BDJ), reported acquiring 572.24 performance rights on 10/01/2025. The filing shows the performance rights were accrued under the BlackRock Deferred Compensation Plan, each right convertible into the cash value of one share of the trust and to be settled 100% in cash at the deferral date chosen by the reporting person. After this grant, the reporting person beneficially owns 12,249.34 shares (direct ownership). The Form 4 was signed by an attorney-in-fact on behalf of the reporting person and records the transaction as a non-derivative/derivative grant under the company’s deferred compensation arrangements.
BlackRock Enhanced Equity Dividend Trust (BDJ) – Form 4 insider filing
Director Lorenzo Flores reported the accrual of 578.37 Performance Rights on 01 July 2025 under the BlackRock Deferred Compensation Plan. Each Performance Right reflects the cash value of one BDJ share and is scheduled to be settled 100% in cash at a future date selected by the director. The reference price stated in the filing is $8.92, implying a notional value of roughly $5.2 k for the new rights. Following this transaction, Flores beneficially owns 11,052.42 Performance Rights in total, held directly. No open-market purchase or sale of BDJ common shares occurred, and the transaction does not change the outstanding share count.
The filing is routine, reflecting non-derivative cash-settled compensation rather than an equity purchase. While it signals continued participation in the deferred-compensation programme, the dollar amount is immaterial relative to BDJ’s market capitalisation and should have minimal impact on the fund’s valuation or float.