CII manager reports 250-share sale at $23.24
BlackRock Enhanced Large Cap Core Fund, Inc. (CII) portfolio manager Kanan Ibrahim reported a small insider transaction involving common stock and phantom shares.
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Rhea-AI Filing Summary
BlackRock Enhanced Large Cap Core Fund, Inc. (CII) portfolio manager Kanan Ibrahim reported a small insider transaction involving common stock and phantom shares. On January 30, 2026, Ibrahim converted 250.628 phantom shares into the economic equivalent of common stock and then sold 250.628 shares of common stock at $23.24, leaving no common stock directly owned after the sale. Phantom shares are cash-settled awards that track the value of common stock; Ibrahim continued to hold 501.2559 phantom shares, which pay out in cash subject to vesting over three years from a January 31, 2025 grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Shares | 250.628 | $0.00 | $0.00 |
| Exercise | Common Stock | 250.628 | $0.00 | $0.00 |
| Disposition | Common Stock | 250.628 | $23.24 | $6K |
Footnotes (2)
- F1. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
- F2. 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.
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