[Form 4] BlackRock Enhanced Large Cap Core Fund, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock Enhanced Large Cap Core Fund, Inc. director Lorenzo Flores received a grant of 273.39 Performance Rights tied to the fund’s common stock value. These rights were awarded under the BlackRock Deferred Compensation Plan and increase his total Performance Rights holdings to 6,117.45.
Each Performance Right represents the cash value of one share of common stock and has a conversion price of $0.00. The rights are to be settled 100% in cash at the deferral period chosen by Flores, meaning they do not involve acquiring, holding, or voting actual fund shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Flores Lorenzo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 273.39 | $21.48 | $6K |
Holdings After Transaction:
Performance Rights — 6,117.45 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.
Key Figures
Performance Rights granted: 273.39 rights
Reference price per right: $21.48 per right
Total Performance Rights after grant: 6,117.45 rights
+2 more
5 metrics
Performance Rights granted
273.39 rights
Grant on 2026-04-01
Reference price per right
$21.48 per right
Grant valuation for Performance Rights
Total Performance Rights after grant
6,117.45 rights
Holdings following transaction
Conversion price
$0.00
Conversion or exercise price of Performance Rights
Underlying common stock units
273.39 shares equivalent
Each Performance Right equals cash value of one common share
Key Terms
Performance Rights, BlackRock Deferred Compensation Plan, cash value of one share, settled 100% in cash
4 terms
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.
BlackRock Deferred Compensation Plan financial
"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."
settled 100% in cash financial
"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 director Lorenzo Flores report?
Lorenzo Flores reported receiving 273.39 Performance Rights as a compensation grant. These derivative awards track the cash value of BlackRock Enhanced Large Cap Core Fund, Inc. common stock and increase his total Performance Rights position to 6,117.45 under the deferred compensation structure.
Are the CII Performance Rights granted to Lorenzo Flores paid in stock or cash?
The Performance Rights are settled 100% in cash rather than in fund shares. Each right delivers the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc. common stock at the future deferral period selected by Lorenzo Flores.
How many Performance Rights does Lorenzo Flores hold after this CII grant?
After this grant of 273.39 Performance Rights, Lorenzo Flores holds a total of 6,117.45 Performance Rights. All of these awards are linked to the cash value of BlackRock Enhanced Large Cap Core Fund, Inc. common stock rather than representing actual shares.
At what reference price were CII Performance Rights granted to Lorenzo Flores?
The 273.39 Performance Rights were granted using a reference price of $21.48 per right. Each right corresponds economically to one share of BlackRock Enhanced Large Cap Core Fund, Inc. common stock but will be settled solely in cash at the elected deferral date.
Do Lorenzo Flores’ CII Performance Rights provide voting rights in the fund?
The Performance Rights do not provide voting rights because they are cash-settled derivatives, not actual shares. They entitle Lorenzo Flores only to receive the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc. common stock per right at settlement.