STOCK TITAN

Director at BlackRock Enhanced Large Cap Core (NYSE: CII) gets cash-settled rights

Filing Impact
(Neutral)
Filing Sentiment
(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 director Carl W. Kester received a grant of 31.69 Performance Rights tied to the fund’s common stock value. Each right references a value of $21.48, bringing his total Performance Rights holdings to 3,320.32 after this award.

The Performance Rights were accrued under the BlackRock Deferred Compensation Plan. One Performance Right reflects the cash value of one share of common stock and is to be settled 100% in cash at the deferral period chosen by Kester, rather than in actual shares.

Positive

  • None.

Negative

  • None.
Insider KESTER W CARL
Role Director
Type Security Shares Price Value
Grant/Award Performance Rights 31.69 $21.48 $680.70
Holdings After Transaction: Performance Rights — 3,320.32 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 31.69 rights Grant/award on April 1, 2026
Reference value per right $21.48 per right Transaction price per Performance Right
Total Performance Rights after grant 3,320.32 rights Holdings following the reported transaction
Conversion or exercise price $0.00 Performance Rights convertible to cash value, not shares
Underlying security Common Stock Each right tied to 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."
convertible into the cash value financial
"One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund, Inc."
settled 100% in cash financial
"The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person."
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)
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)04/01/2026A31.69 (3) (3)Common Stock31.69$21.483,320.32D
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 Carl W. Kester report on this Form 4?

Carl W. Kester reported receiving 31.69 Performance Rights as a grant under the BlackRock Deferred Compensation Plan. These rights are linked to the cash value of BlackRock Enhanced Large Cap Core Fund common stock and increase his total Performance Rights holdings to 3,320.32 after the transaction.

How are the CII Performance Rights held by Carl W. Kester settled?

The Performance Rights are settled 100% in cash at the deferral period chosen by Carl W. Kester. Each right corresponds to the cash value of one share of BlackRock Enhanced Large Cap Core Fund common stock, meaning no actual shares are delivered upon settlement of these awards.

What does one Performance Right represent for BlackRock Enhanced Large Cap Core Fund (CII)?

One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Large Cap Core Fund common stock. This links the award’s value directly to the fund’s share price while remaining a cash-settled obligation under the BlackRock Deferred Compensation Plan for the reporting person.

What total position in Performance Rights does Carl W. Kester hold after this CII grant?

Following the reported grant, Carl W. Kester holds 3,320.32 Performance Rights. This figure reflects his cumulative position after adding the 31.69 newly awarded rights, all accrued under the BlackRock Deferred Compensation Plan and tied to the cash value of the fund’s common stock.

Is the April 1, 2026 CII insider transaction a stock purchase or a compensation grant?

The April 1, 2026 transaction is a compensation-related grant, coded as an “A” for grant, award, or other acquisition. Kester received 31.69 Performance Rights under a deferred compensation plan, which pay cash based on the fund’s share value rather than representing an open-market stock purchase.