BOE portfolio manager Kyle McClements reports phantom share grant and stock sale

Q: What new phantom share award did Kyle McClements receive from BOE?

On January 30, 2026, Kyle McClements received 1,452.3529 phantom shares, which vest in equal installments on each of the first three anniversaries of the award and are payable in cash when vested, based on the filing footnotes.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BlackRock Enhanced Global Dividend Trust portfolio manager Kyle McClements reported a mix of phantom share awards, conversions, and a common stock sale. On January 30, 2026, he was granted 1,452.3529 phantom shares, each economically equivalent to one share of common stock and payable in cash after vesting in installments over three years.

On the same date, previously granted phantom shares vested and were converted into common stock through multiple transactions, and 2,682.1405 shares of common stock were sold at $11.90 per share. Following these transactions, he directly owned 2,081.848 shares of common stock.

Insider Trade Summary

2,682.14 shares exercised/converted

Mixed 6 txns

Insider McClements Kyle

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	1,452.353	$11.90	$17K
Exercise	Phantom Shares	1,037.877	$0.00	--
Exercise	Phantom Shares	987.384	$0.00	--
Exercise	Phantom Shares	656.879	$0.00	--
Exercise	Common Stock	2,682.141	$0.00	--
Disposition	Common Stock	2,682.141	$11.90	$32K

Holdings After Transaction: Phantom Shares — 1,452.353 shares (Direct); Common Stock — 4,763.989 shares (Direct)

Footnotes (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. As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

Form 4 Insider Transactions: What Each Field Means →

02/03/2026 - 08:28 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

McClements Kyle

(Last)

(First)

(Middle)

50 HUDSON YARDS

(Street)

NEW YORK

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/30/2026		M		2,682.1405	A	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	4,763.9885	D
Common Stock	01/30/2026		D		2,682.1405	D	$11.9⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	2,081.848	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Shares	⁽¹⁾⁽⁵⁾	01/30/2026		A		1,452.3529		⁽¹⁾⁽⁵⁾	⁽¹⁾⁽⁵⁾	Common Stock	1,452.3529	$11.9	1,452.3529	D
Phantom Shares	⁽¹⁾⁽²⁾	01/30/2026		M			1,037.8772	⁽¹⁾⁽²⁾	⁽¹⁾⁽²⁾	Common Stock	1,037.8772	⁽¹⁾⁽²⁾	2,075.7545	D
Phantom Shares	⁽¹⁾⁽³⁾	01/30/2026		M			987.3838	⁽¹⁾⁽³⁾	⁽¹⁾⁽³⁾	Common Stock	987.3838	⁽¹⁾⁽³⁾	987.3838	D
Phantom Shares	⁽¹⁾⁽⁴⁾	01/30/2026		M			656.8794	⁽¹⁾⁽⁴⁾	⁽¹⁾⁽⁴⁾	Common Stock	656.8794	⁽¹⁾⁽⁴⁾	0.0000	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. As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

3. As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

4. As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

5. 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did BOE portfolio manager Kyle McClements report?

Kyle McClements reported a grant of 1,452.3529 phantom shares and several related conversions of phantom shares into common stock on January 30, 2026, along with the sale of 2,682.1405 common shares at $11.90 per share.

How many BOE common shares did Kyle McClements sell and at what price?

He reported selling 2,682.1405 shares of BlackRock Enhanced Global Dividend Trust common stock at a price of $11.90 per share on January 30, 2026, after exercising phantom share awards into common shares.

How many BOE common shares does Kyle McClements hold after these transactions?

After the January 30, 2026 transactions, Kyle McClements directly owned 2,081.848 shares of BlackRock Enhanced Global Dividend Trust common stock, according to the beneficial ownership figures reported on the Form 4 filing.

What are phantom shares in the BOE Form 4 filing for Kyle McClements?

Phantom shares are described as the economic equivalent of one share of common stock and, subject to vesting requirements, become payable in cash, with vesting typically in equal installments on each of the first three anniversaries of the award.

What role does Kyle McClements hold at BlackRock Enhanced Global Dividend Trust (BOE)?

In the Form 4, Kyle McClements is identified as a portfolio manager of BlackRock Enhanced Global Dividend Trust, rather than as a director or 10% owner, and he filed the report as a single reporting person.