Greenen Molly 4
4 · BlackRock Enhanced Global Dividend Trust · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
BlackRock Enhanced Global Dividend Trust (BOE) — Molly Greenen Sells Shares
What Happened
Molly Greenen, a portfolio manager for BlackRock Enhanced Global Dividend Trust (BOE), recorded several derivative conversions and related transactions on 2026-01-30. The key reported moves: she disposed (surrendered) 1,253.987 shares to the issuer at $11.90 per share, totaling $14,922, and was credited with a grant/award of 582.195 phantom shares valued at $11.90 each ($6,928). The filing also shows additional conversions/exercises of phantom/derivative units of 429.425, 390.532 and 434.03 units (coded M) — the filing does not list per-unit cash values for those conversions.
Key Details
- Transaction date: 2026-01-30; filing date: 2026-02-03 (appears to be filed after the 2-business-day Form 4 deadline).
- Disposition to issuer: 1,253.987 shares @ $11.90 = $14,922.
- Grant/Award (cash‑settled phantom): 582.195 units @ $11.90 = $6,928.
- Additional derivative conversions (code M): 1,253.987 acquired (N/A price) and conversions of 429.425, 390.532, 434.03 units (N/A values).
- Shares owned after the transactions: not disclosed in the supplied filing details.
- Footnotes: phantom shares are cash‑settled (economic equivalent of one share) and vest/pay out in equal installments over the first three anniversaries of the respective grant dates (prior grants dated Jan 31 of 2023, 2024, 2025 referenced).
Context
- These were cash‑settled derivative/phantom‑share transactions and a surrender to the issuer — not an open‑market purchase. Such filings typically reflect vesting and cash settlement of unit awards and/or units surrendered (often for tax or settlement), rather than a directional investment by the insider.
- Because values for some derivative conversions are not provided in the filing, total economic impact beyond the two disclosed dollar amounts cannot be determined from the reported data.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2][F3][F4]2026-01-30+1,253.987→ 1,253.987 total - Disposition to Issuer
Common Stock
[F1][F2][F3][F4]2026-01-30$11.90/sh−1,253.987$14,922→ 0 total - Award
Phantom Shares
[F1][F5]2026-01-30$11.90/sh+582.195$6,928→ 582.195 total→ Common Stock (582.195 underlying) - Exercise/Conversion
Phantom Shares
[F1][F2]2026-01-30−429.425→ 858.85 total→ Common Stock (429.425 underlying) - Exercise/Conversion
Phantom Shares
[F1][F3]2026-01-30−390.532→ 390.532 total→ Common Stock (390.532 underlying) - Exercise/Conversion
Phantom Shares
[F1][F4]2026-01-30−434.03→ 0 total→ Common Stock (434.03 underlying)
Footnotes (5)
- [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.
- [F3]As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
- [F4]As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
- [F5]These phantom shares vest in equal installments on each of the first three anniversaries of the award.