BlackRock Enhanced Large Cap (NYSE: CII) director logs new performance rights
Rhea-AI Filing Summary
BlackRock Enhanced Large Cap Core Fund, Inc. reported an insider compensation transaction involving performance-based deferred compensation. A director of the fund acquired 305.25 Performance Rights on 01/02/2026 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 will be settled 100% in cash at a deferral period chosen by the director. Following this transaction, the director beneficially owned 12,995.84 derivative securities related to the fund, reported as directly held. The price of the derivative security for this award was disclosed as $23.3.
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FAQ
What insider transaction was reported for BlackRock Enhanced Large Cap Core Fund, Inc. (CII)?
A director reported acquiring 305.25 Performance Rights on 01/02/2026 under the BlackRock Deferred Compensation Plan.
What are the Performance Rights reported for CII in this Form 4?
The filing states that the Performance Rights were accrued under the BlackRock Deferred Compensation Plan and each right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc.
How will the Performance Rights for CII be settled?
The filing explains that 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 reporting person hold after this CII transaction?
After the reported transaction, the director beneficially owned 12,995.84 derivative securities related to CII, held in direct ownership form.
What is the reported price of the Performance Rights related to CII?
The price of the derivative security associated with this award is disclosed as $23.3.
What is the relationship of the reporting person to BlackRock Enhanced Large Cap Core Fund, Inc. (CII)?
The person filing this Form 4 is identified as a Director of BlackRock Enhanced Large Cap Core Fund, Inc.
Was this CII Form 4 filed for one person or multiple reporting persons?
The document indicates it is a Form filed by One Reporting Person, not a joint or group filing.