Treharne Olivia 4

4 · BlackRock Enhanced Global Dividend Trust · Filed Feb 3, 2026

AI-generated summary of this filing

Updated Feb 3, 2026

BlackRock Enhanced Global Dividend (BOE) — Olivia Treharne Sells 1,751.612 Shares

What Happened

Olivia Treharne, a portfolio manager of BlackRock Enhanced Global Dividend Trust (ticker: BOE), exercised/converted a set of derivative (phantom) awards and surrendered 1,751.612 shares to the issuer on Jan 30, 2026 at $11.90 per share, generating $20,844. On the same date she was also granted 1,110.819 phantom shares (valued at $11.90 each = $13,219).
Several exercise/conversion entries (689.499; 530.535; 531.579 shares) total ~1,751.613 shares and appear to be the tranches that were converted and then disposed to the issuer. The filings show these as derivative/phantom-share transactions rather than open-market trades.

Key Details

Transaction date: January 30, 2026; Form 4 filed February 3, 2026 (appears timely).
Prices and values: Disposition to issuer of 1,751.612 shares at $11.90 = $20,844; grant of 1,110.819 phantom shares at $11.90 = $13,219. Other conversion/disposition line items show N/A for per-share cash values (cash-settled).
Shares owned after transaction: not specified in the provided filing summary (see Form 4 for total beneficial ownership).
Footnotes: the equity is in the form of "phantom shares" (cash-settled on vesting). Prior grants dated Jan 31 of 2023–2025 vest in equal installments over the first three anniversaries (see footnotes F1–F5). The new phantom shares reference the same vesting pattern.
Codes: M = exercise/conversion of derivative; D = disposition to issuer; A = grant/award.

Context

These were not open-market sells; the disposition was to the issuer and the instruments are phantom (cash-settled) awards. That typically reflects vesting/settlement and/or tax withholding mechanics rather than a market-sale expressing sentiment.
The filing shows both a settlement (cash payout/surrender of phantom shares) and a concurrent new phantom-share award. For retail investors, purchases/buys tend to be more informative as bullish signals; this filing mostly documents routine derivative settlement and new award grants.

Form 4

Period: 2026-01-30

Other

Transactions

Exercise/Conversion
Common Stock
[F1][F2][F3][F4]
2026-01-30+1,751.612→ 1,751.612 total
Disposition to Issuer
Common Stock
[F1][F2][F3][F4]
2026-01-30$11.90/sh−1,751.612$20,844→ 0 total
Award
Phantom Shares
[F1][F5]
2026-01-30$11.90/sh+1,110.819$13,219→ 1,110.819 total
→ Common Stock (1,110.819 underlying)
Exercise/Conversion
Phantom Shares
[F1][F2]
2026-01-30−689.499→ 1,378.998 total
→ Common Stock (689.499 underlying)
Exercise/Conversion
Phantom Shares
[F1][F3]
2026-01-30−530.535→ 530.535 total
→ Common Stock (530.535 underlying)
Exercise/Conversion
Phantom Shares
[F1][F4]
2026-01-30−531.579→ 0 total
→ Common Stock (531.579 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.

Signature

/s/ Gladys Chang as Attorney-in-Fact|2026-02-03

1 file