BlackRock Enhanced Global Dividend Trust (NYSE: BOE) logs phantom share grant and stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Enhanced Global Dividend Trust portfolio manager Olivia Treharne reported compensation-related equity activity. On January 30, 2026, she received 1,110.8193 phantom shares, each economically equivalent to one common share and payable in cash as they vest over time.
On the same date, previously granted phantom shares totaling 1,751.6122 shares were converted into common stock and immediately sold. She sold 1,751.6122 common shares at $11.9 per share, leaving no directly held common stock and 1,110.8193 phantom shares outstanding as deferred, cash-settled compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,751.612 shares exercised/converted
Mixed
6 txns
Insider
Treharne Olivia
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 1,110.819 | $11.90 | $13K |
| Exercise | Phantom Shares | 689.499 | $0.00 | -- |
| Exercise | Phantom Shares | 530.535 | $0.00 | -- |
| Exercise | Phantom Shares | 531.579 | $0.00 | -- |
| Exercise | Common Stock | 1,751.612 | $0.00 | -- |
| Disposition | Common Stock | 1,751.612 | $11.90 | $21K |
Holdings After Transaction:
Phantom Shares — 1,110.819 shares (Direct);
Common Stock — 1,751.612 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.
FAQ
What insider transaction did BOE portfolio manager Olivia Treharne report?
Olivia Treharne reported compensation-related transactions involving phantom shares and common stock. On January 30, 2026, phantom shares were converted into 1,751.6122 common shares, which were then sold at $11.9 per share, alongside a new grant of 1,110.8193 phantom shares.
Did Olivia Treharne retain any BOE common stock after these transactions?
No, she did not retain any common stock after the reported activity. Following the conversion of phantom shares into 1,751.6122 common shares and the sale of that same amount at $11.9 per share, her directly held common stock balance was reduced to zero.