Greenen Molly 4

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.