HUBBARD ROBERT GLENN 4

What Happened

• Robert Glenn, a director of BlackRock Enhanced Large Cap Core Fund, Inc. (CII), was granted 275.03 performance rights on 2026-07-01. The award is reported at a per-share equivalent value of $25.77, totaling $7,088. The filing lists the transaction as an acquisition/award (code A) and classifies the instrument as a derivative (Performance Rights), not an immediate stock purchase.

Key Details

• Transaction date: 2026-07-01; Report filed: 2026-07-06.
• Award amount: 275.03 Performance Rights @ $25.77 per share-equivalent; aggregate value shown $7,088.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes from the filing:
  • F1: Rights were accrued under the BlackRock Deferred Compensation Plan.
  • F2: Each Performance Right converts into the cash value of one share of CII.
  • F3: Rights will be settled 100% in cash at the deferral period chosen by the reporting person.
• Timeliness: The filing date is five days after the transaction date; insiders normally must file within two business days under Section 16. This filing may be later than that standard (check the full SEC filing for any late-filing explanation).

Context

• These Performance Rights are derivative awards convertible to cash equal to the value of CII shares at settlement — they do not represent immediate share ownership, voting power, or dividends until settled.
• Because the award is cash-settled and part of a deferred compensation plan, it is a routine compensation event for executives/directors rather than an open-market purchase or sale that signals direct trading sentiment.