BlackRock Enhanced Global Dividend Trust (BOE) grants 385 phantom shares to portfolio manager

Rhea-AI Filing Summary

BlackRock Enhanced Global Dividend Trust’s portfolio manager Stephen John Andrews reported a grant of derivative compensation tied to the fund’s common shares. On January 30, 2026, he received 385.1891 phantom shares at a reference value of $11.90 per share.

The phantom shares are the economic equivalent of common stock but are settled in cash rather than actual shares, subject to vesting conditions. According to the filing, these phantom shares vest in equal installments on each of the first three anniversaries of the award, and Andrews now holds 385.1891 phantom shares directly following this transaction.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Andrews Stephen John

(Last) (First) (Middle)

50 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BlackRock Enhanced Global Dividend Trust [ BOE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Portfolio Manager

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Shares	(1)(2)	01/30/2026		A		385.1891		(1)(2)	(1)(2)	Common Stock	385.1891	$11.9	385.1891	D

Explanation of Responses:

1. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.

2. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

	/s/ Gladys Chang as Attorney-in-Fact	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BOE’s portfolio manager report on Form 4?

The portfolio manager reported a grant of 385.1891 phantom shares on January 30, 2026. These are cash-settled units economically equivalent to BlackRock Enhanced Global Dividend Trust common shares, awarded as part of his compensation.

Who is the reporting person in this BOE Form 4 filing?

The reporting person is Stephen John Andrews, identified as a Portfolio Manager of BlackRock Enhanced Global Dividend Trust. He is not listed as a director, officer, or 10% owner, but reports this derivative-based compensation grant tied to the trust’s common shares.

How many phantom shares were granted to the BOE portfolio manager?

The filing shows a grant of 385.1891 phantom shares to the portfolio manager. These units are economically equivalent to the trust’s common stock and are recorded as derivative securities directly owned after the reported transaction.

What is a phantom share in the context of BOE’s Form 4?

A phantom share is described as the economic equivalent of one share of common stock that becomes payable in cash. For BOE, these phantom shares mirror the value of common shares but do not represent actual stock ownership and are subject to vesting requirements.

What are the vesting terms for the BOE phantom share award?

The phantom shares vest in equal installments on each of the first three anniversaries of the award. This means the 385.1891 phantom shares granted to the portfolio manager become payable over three years, assuming vesting conditions are satisfied.

At what reference price were BOE phantom shares granted in this Form 4?

The phantom shares were granted at a reference value of $11.90 per unit. This price is used in the filing to describe the derivative grant and the economic terms of the cash-settled phantom share award linked to BOE common stock.