BlackRock Enhanced International Dividend Trust portfolio manager Stephen John Andrews reported an award of 766.5134 phantom shares on January 30, 2026. Each phantom share is economically equivalent to one share of common stock but is settled in cash rather than stock.
The 766.5134 phantom shares vest in three equal installments on each of the first three anniversaries of the award. Following this award, Andrews holds 766.5134 phantom shares directly, aligning part of his compensation with the value of the trust’s common shares over time.
BlackRock Enhanced International Dividend Trust (BGY) portfolio manager Molly Greenen reported several compensation-related equity movements on January 30, 2026. She exercised phantom share awards into 4,840.3437 shares of common stock and then disposed of the same 4,840.3437 shares at $5.98 per share, leaving no directly held common stock reported after the transactions.
On the same date, she was awarded 1,158.5493 new phantom shares, each economically equivalent to one common share and payable in cash upon vesting in three annual installments. Additional phantom share tranches granted in 2023, 2024, and 2025 were partially or fully converted, resulting in updated phantom share balances tied to earlier awards.
BlackRock Enhanced International Dividend Trust portfolio manager Olivia Treharne reported routine compensation-related transactions involving phantom shares and common stock on January 30, 2026. Phantom shares are stated as the economic equivalent of common stock but are paid out in cash when they vest.
On that date, Treharne received 2,210.4933 phantom shares at $5.98. Previously granted phantom share awards from 2023, 2024, and 2025 partially vested and were settled through multiple exercises, resulting in 6,791.0102 common shares and a matching sale of those shares at $5.98, leaving no directly held common stock after the transactions.
Allspring Global Investments Holdings, LLC has filed Amendment No. 1 to Schedule 13G reporting its ownership in BlackRock Enhanced International Dividend Trust (symbol: BGY) as of 30 June 2025.
- Shares owned: 6,731,853
- Percent of outstanding class: 7.4%
- Sole voting power: 6,493,375 shares
- Sole dispositive power: 6,731,853 shares
- Shared voting/dispositive power: 0 shares
The reporting entity is classified as a parent holding company (HC) organized in Delaware. The filing states the stake was acquired and is held in the ordinary course of business and is not intended to influence control of the issuer. The signing authority is Senior Compliance Manager Jennifer Grunberg (dated 9 July 2025).
This disclosure signals that a sizable institutional investor now controls more than 5 % of BGY’s units, potentially increasing liquidity and institutional oversight, though the filer disclaims any activist intent.