KESTER W CARL 4

What Happened Kester W. Carl, a director of BlackRock Enhanced Large Cap Core Fund, Inc. (CII), received a grant of performance rights on 2026-04-01 equal to 31.69 shares. The filing values each unit at $21.48, for a total grant value of approximately $681. This was an award (not a market purchase or sale) and is recorded as a derivative grant.

Key Details

• Transaction date: 2026-04-01; filing date (Form 4): 2026-04-03 (filed timely).
• Grant details: 31.69 performance rights at $21.48 per share = ~$681.
• Transaction code: A (award/grant).
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnotes: (F1) Rights accrued under the BlackRock Deferred Compensation Plan; (F2) each Performance Right converts into the cash value of one share; (F3) rights are settled 100% in cash at the deferral period chosen by the reporting person.
• No 10b5-1 plan, tax withholding, or late-filing flags noted in the filing excerpt.

Context This was a compensation-related grant of cash-settled performance rights — not issuance of common shares and not a stock purchase or sale. Cash settlement means Mr. Carl will receive the cash value tied to shares at settlement rather than actual stock. Such awards are common as executive/director compensation and are not by themselves an explicit bullish or bearish trading signal.