[Form 4] BlackRock Enhanced Global Dividend Trust Insider Trading Activity
BlackRock Enhanced Global Dividend Trust portfolio manager Molly Greenen reported a same-day option-style exercise and sale of common shares tied to cash-settled phantom share awards.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BlackRock Enhanced Global Dividend Trust portfolio manager Molly Greenen reported a same-day option-style exercise and sale of common shares tied to cash-settled phantom share awards. On January 30, 2026, phantom shares previously granted as compensation were converted into 1,253.9866 shares of common stock, then those shares were sold at $11.90 per share. The filing shows that, following the sale, Greenen held no shares of common stock directly. She also received a new grant of 582.1954 phantom shares, which are economically equivalent to common stock but settle in cash and vest in equal installments over three years.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 582.1954 | $11.90 | $7K |
| Exercise | Phantom Shares | 429.4247 | $0.00 | $0.00 |
| Exercise | Phantom Shares | 390.5324 | $0.00 | $0.00 |
| Exercise | Phantom Shares | 434.0295 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,253.9866 | $0.00 | $0.00 |
| Disposition | Common Stock | 1,253.9866 | $11.90 | $15K |
Footnotes (5)
- F1. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. These phantom shares vest in equal installments on each of the first three anniversaries of the award.
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