STOCK TITAN

BlackRock Enhanced Large Cap (NYSE: CII) director awarded cash-settled Performance Rights

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

KESTER W CARL reported acquisition or exercise transactions in this Form 4 filing.

BlackRock Enhanced Large Cap Core Fund, Inc. director Carl W. Kester received a grant of 2.7100 Performance Rights, recorded at $24.5100 per right and referencing common stock of the fund. These Performance Rights were accrued under a BlackRock Deferred Compensation Plan and are convertible into the cash value of one common share each.

The Performance Rights are to be settled 100% in cash at the deferral period chosen by Kester, rather than in actual shares. Following this award, he holds a total of 3421.9000 Performance Rights directly.

Positive

  • None.

Negative

  • None.
Insider KESTER W CARL
Role Director
Type Security Shares Price Value
Grant/Award Performance Rights F1, F2, F3 2.71 $24.51 $66.42
Holdings After Transaction: Performance Rights — 3,421.9 shares (Direct)
Footnotes (3)
  1. F1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
  2. F2. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc.
  3. F3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
Performance Rights granted 2.7100 Performance Rights Grant of Performance Rights to director Carl W. Kester on 2026-08-03
Grant price per Performance Right $24.5100 per right Recorded transaction price per Performance Right for this award
Total Performance Rights after grant 3421.9000 Performance Rights Direct Performance Rights position following the reported transaction
Underlying common shares per right 1 share cash value per Performance Right Each right is convertible into the cash value of one common share
Performance Rights financial
"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
Deferred Compensation Plan financial
"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
cash value financial
"One Performance Right is convertible into the cash value of one share"
Cash value is the amount of money you could get right away if an asset or contract were converted to cash or surrendered, after any fees or penalties. Think of it like the cash you could pull out of a savings jar when you need it; for investors it signals how much immediate liquidity or recoverable worth exists in an investment, insurance policy, or balance-sheet item.
underlying security financial
"underlying_security_title": "Common Stock""

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FAQ

What insider transaction did CII report for Carl W. Kester?

Carl W. Kester received 2.7100 Performance Rights linked to BlackRock Enhanced Large Cap Core Fund, Inc. Each right is recorded at $24.5100 and represents the cash value of one common share, granted under a deferred compensation plan.

How many Performance Rights does the CII director hold after this Form 4 transaction?

After the latest grant, Carl W. Kester directly holds 3421.9000 Performance Rights. These rights are accrued under the BlackRock Deferred Compensation Plan and each is tied to the cash value of one common share of BlackRock Enhanced Large Cap Core Fund, Inc.

Are the CII Performance Rights granted to Carl W. Kester settled in stock or cash?

The Performance Rights are settled 100% in cash, not in stock. Each right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc., at a deferral period chosen by the reporting person.

What is the reference price for the CII Performance Rights granted to the director?

The grant was recorded at $24.5100 per Performance Right. Each right corresponds to the cash value of one common share of BlackRock Enhanced Large Cap Core Fund, Inc., as part of a deferred compensation arrangement for the director.

What plan governs the Performance Rights reported in CII's Form 4 filing?

The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. Under this plan, each right reflects the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc., payable in cash at the chosen deferral date.
SEC Form 4
FORM 4UNITED 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*
KESTER W CARL

(Last)(First)(Middle)
50 HUDSON YARDS

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BlackRock Enhanced Large Cap Core Fund, Inc. [ CII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Rights(1)(2)08/03/2026A2.71 (3) (3)Common Stock2.71$24.513,421.9D
Explanation of Responses:
1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
2. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc.
3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
/s/ Gladys Chang as Attorney-in-Fact08/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)