Andrews Stephen John 4
4 · BlackRock Enhanced Global Dividend Trust · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
BOE Portfolio Manager Stephen Andrews Receives Phantom Share Award
What Happened Stephen John Andrews, a portfolio manager at BlackRock Enhanced Global Dividend Trust (ticker: BOE), received a grant of 385.189 phantom shares on 2026-01-30. The award is valued using a per-share price of $11.90, for a total economic value of $4,584. This was an award/grant (derivative cash-settled instrument), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-30; Price used: $11.90 per share; Total value: $4,584 (derivative).
- Instrument: Phantom shares (derivative) — economic equivalent of common shares and payable in cash subject to vesting (see footnote).
- Vesting: Phantom shares vest in equal installments on each of the first three anniversaries of the award.
- Shares owned after transaction: Not specified in the filing.
- Filing date / accession: Report filed 2026-02-03 (Form 4 accession 0001193125-26-036245). The filing itself does not indicate any special §10b5-1 plan or tax-withholding sale.
Context
- Because these are phantom (cash-settled) shares, the grant provides an economic interest tied to the share price but does not transfer actual shares immediately. Payouts occur in cash as the phantom units vest.
- Awards and grants are common compensation tools and do not necessarily signal the insider’s view on near-term stock performance.
Insider Transaction Report
Form 4
Andrews Stephen John
Other
Transactions
- Award
Phantom Shares
[F1][F2]2026-01-30$11.90/sh+385.189$4,584→ 385.189 total→ Common Stock (385.189 underlying)
Footnotes (2)
- [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]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