[Form 4] BlackRock Enhanced Global Dividend Trust Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,253.987 shares exercised/converted
Mixed
6 txns
Insider
Greenen Molly
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 582.195 | $11.90 | $7K |
| Exercise | Phantom Shares | 429.425 | $0.00 | -- |
| Exercise | Phantom Shares | 390.532 | $0.00 | -- |
| Exercise | Phantom Shares | 434.03 | $0.00 | -- |
| Exercise | Common Stock | 1,253.987 | $0.00 | -- |
| Disposition | Common Stock | 1,253.987 | $11.90 | $15K |
Holdings After Transaction:
Phantom Shares — 582.195 shares (Direct);
Common Stock — 1,253.987 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.