Andrews Stephen John 4

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.