HUBBARD ROBERT GLENN 4
4 · BlackRock Enhanced Equity Dividend Trust · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
BDJ Director Robert Hubbard Receives 788 Performance Rights
What Happened
- Robert Glenn Hubbard, a director of BlackRock Enhanced Equity Dividend Trust (BDJ), was awarded 788.16 performance rights on 2026-04-01. The award is reported at an $8.75 per-right value, totaling $6,896. This was an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; reported on Form 4 filed 2026-04-03 (timely).
- Quantity and value: 788.16 performance rights at $8.75 each, aggregate $6,896.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes from the filing:
- F1: Rights accrued under the BlackRock Deferred Compensation Plan.
- F2: Each performance right converts into the cash value of one BDJ share.
- F3: The performance rights will be settled 100% in cash at the deferral period chosen by the reporting person.
- Transaction type: Derivative award (cash‑settled performance rights), code A.
Context
- These are performance rights (deferred compensation) that pay out in cash based on BDJ share value; they do not immediately issue shares, change voting power, or represent a direct stock purchase. For retail investors, cash‑settled awards are compensation, not a direct bullish purchase of stock.
Insider Transaction Report
Form 4
HUBBARD ROBERT GLENN
Director
Transactions
- Award
Performance Rights
[F1][F2][F3]2026-04-01$8.75/sh+788.16$6,896→ 97,850.77 total→ Common Stock (788.16 underlying)
Footnotes (3)
- [F1]The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
- [F2]One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust.
- [F3]The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
Signature
/s/ Gladys Chang as Attorney-in-Fact|2026-04-03