STOCK TITAN

CII (NYSE: CII) director receives cash-settled performance rights grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steinmetz Arthur Philip reported acquisition or exercise transactions in this Form 4 filing.

BlackRock Enhanced Large Cap Core Fund, Inc. director Arthur Philip Steinmetz received a grant of performance rights as part of deferred compensation. He was awarded 327.0900 performance rights on the transaction date, each linked to the cash value of one share of common stock.

The award was accrued under the BlackRock Deferred Compensation Plan and increases his total performance rights to 3682.8000. These performance rights are convertible into the cash value of common shares and are to be settled 100% in cash at the deferral period chosen by the reporting person, rather than in actual fund shares.

Positive

  • None.

Negative

  • None.
Insider Steinmetz Arthur Philip
Role Director
Type Security Shares Price Value
Grant/Award Performance Rights 327.09 $21.48 $7K
Holdings After Transaction: Performance Rights — 3,682.8 shares (Direct)
Footnotes (1)
  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.
Performance rights granted 327.0900 rights Grant on 2026-04-01 classified as award acquisition
Price reference per right $21.4800 per share Transaction price per share used for the performance rights
Total performance rights after grant 3682.8000 rights Total performance rights following the reported transaction
Underlying common stock linkage 327.0900 shares-equivalent Each right tied to 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.
BlackRock Deferred Compensation Plan financial
"The Performance Rights were accrued under the BlackRock Deferred Compensation Plan."
cash value financial
"One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc."
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*
Steinmetz Arthur Philip

(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)
04/01/2026
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)04/01/2026A327.09 (3) (3)Common Stock327.09$21.483,682.8D
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-Fact04/03/2026
** 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)

FAQ

What insider transaction did CII director Arthur Philip Steinmetz report?

Arthur Philip Steinmetz reported receiving 327.0900 performance rights as compensation. The rights were granted under the BlackRock Deferred Compensation Plan and are tied to the cash value of BlackRock Enhanced Large Cap Core Fund, Inc. common stock rather than delivering actual fund shares.

How many performance rights does the CII director hold after this Form 4 filing?

After this grant, the director holds 3682.8000 performance rights. This figure reflects the updated total reported in the filing and shows the cumulative amount of deferred, cash-settled compensation rights linked to the fund’s common stock value.

How are the CII performance rights settled for Arthur Philip Steinmetz?

The performance rights are settled 100% in cash, not in shares. According to the filing, they will be paid at the deferral period chosen by the reporting person, based on the cash value of BlackRock Enhanced Large Cap Core Fund, Inc. common stock at settlement.

What does one performance right represent for BlackRock Enhanced Large Cap Core Fund, Inc.?

One performance right is convertible into the cash value of one share of the fund’s common stock. This means the director’s 327.0900 new rights entitle him to a cash amount linked to 327.0900 shares’ value at the eventual settlement date.

Was the CII insider transaction an open-market buy or sell of shares?

The transaction was a grant of performance rights, not an open-market trade. It is classified as a grant, award, or other acquisition and forms part of deferred compensation, with value tied to the fund’s common stock but settled entirely in cash.

What plan governs the performance rights awarded to the CII director?

The performance rights were accrued under the BlackRock Deferred Compensation Plan. This plan allows compensation to be deferred and linked to the cash value of BlackRock Enhanced Large Cap Core Fund, Inc. common stock, with settlement in cash at a chosen future deferral period.