BlackRock Enhanced Large Cap Core (CII) director logs cash-settled Performance Rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Enhanced Large Cap Core Fund, Inc. director filed a Form 4 reporting a grant of derivative compensation linked to the fund’s shares. On 01/02/2026, the reporting person acquired 292.54 Performance Rights under the BlackRock Deferred Compensation Plan. Each Performance Right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc. and is to be settled 100% in cash at the deferral period chosen by the director.
Following this transaction, the director beneficially owned 3,292.81 derivative securities on a direct basis. The filing reflects cash-settled incentive compensation rather than a direct purchase or sale of the fund’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steinmetz Arthur Philip
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 292.54 | $23.30 | $7K |
Holdings After Transaction:
Performance Rights — 3,292.81 shares (Direct)
Footnotes (1)
- The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
FAQ
What insider transaction did CII report in this Form 4?
A director of BlackRock Enhanced Large Cap Core Fund, Inc. (CII) reported acquiring 292.54 Performance Rights on 01/02/2026 as derivative compensation.
What are the Performance Rights reported for CII?
Performance Rights were accrued under the BlackRock Deferred Compensation Plan, with each right convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc.
How will the CII Performance Rights be settled?
The filing states the Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
How many derivative securities does the CII director own after this transaction?
After the reported transaction, the director beneficially owned 3,292.81 derivative securities related to BlackRock Enhanced Large Cap Core Fund, Inc., held directly.
Is the reporting person a director or officer of CII?
The reporting person is identified as a Director of BlackRock Enhanced Large Cap Core Fund, Inc. and the form is filed by one reporting person.
Does this CII Form 4 involve direct stock trades?
The reported activity involves derivative Performance Rights that are cash-settled based on the value of CII shares, rather than direct purchases or sales of common stock.