BlackRock Enhanced Global Dividend Trust (NYSE: BOE) logs phantom share grant and stock sale

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.

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^*

Treharne Olivia

(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
Common Stock	01/30/2026		M		1,751.6122	A	(1)(2)(3)(4)	1,751.6122	D
Common Stock	01/30/2026		D		1,751.6122	D	$11.9(1)(2)(3)(4)	0	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Shares	(1)(5)	01/30/2026		A		1,110.8193		(1)(5)	(1)(5)	Common Stock	1,110.8193	$11.9	1,110.8193	D
Phantom Shares	(1)(2)	01/30/2026		M			689.4989	(1)(2)	(1)(2)	Common Stock	689.4989	(1)(2)	1,378.9977	D
Phantom Shares	(1)(3)	01/30/2026		M			530.5346	(1)(3)	(1)(3)	Common Stock	530.5346	(1)(3)	530.5346	D
Phantom Shares	(1)(4)	01/30/2026		M			531.5787	(1)(4)	(1)(4)	Common Stock	531.5787	(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.

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.

How many BlackRock Enhanced Global Dividend Trust shares did Olivia Treharne sell?

She sold 1,751.6122 common shares of BlackRock Enhanced Global Dividend Trust. These shares came from the exercise of previously granted phantom shares and were disposed of in a single transaction at a price of $11.9 per share, leaving her with no directly owned common stock.

What phantom share grant did Olivia Treharne receive from BOE on January 30, 2026?

She received 1,110.8193 phantom shares on January 30, 2026. Each phantom share is economically equivalent to one common share and, subject to vesting requirements, is payable in cash, providing cash-settled exposure to the trust’s common stock rather than direct share ownership.

What are phantom shares in the BlackRock Enhanced Global Dividend Trust filing?

Phantom shares are units economically equivalent to one share of common stock. According to the disclosure, they are subject to vesting requirements and become payable in cash, giving the holder compensation tied to the stock’s value without issuing actual shares upon settlement.

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.

How do the vesting terms work for Olivia Treharne’s BOE phantom shares?

The phantom shares vest in equal installments on each of the first three anniversaries of the award date. Once vested, they are payable in cash, aligning her compensation with the value of the BlackRock Enhanced Global Dividend Trust’s common shares over the vesting period.