Harris Stayce D. 4

What Happened

• Stayce D. Harris, a director of BlackRock Enhanced Equity Dividend Trust (BDJ), was granted 509.49 performance rights on 2026-07-01. The filing reports a per-unit valuation of $9.57, giving a notional value of about $4,876. The grant is reported as a derivative award (transaction code A).

Key Details

• Transaction date and price: 2026-07-01, 509.49 units valued at $9.57 each (total ≈ $4,876).
• Instrument: Performance Rights (derivative) — not immediate common shares.
• Settlement: Rights convert to the cash value of one BDJ share and will be settled 100% in cash at the deferral period chosen by the reporting person (per footnotes).
• Plan: Rights were accrued under the BlackRock Deferred Compensation Plan.
• Filing timeliness: Report filed 2026-07-06 — after the typical two-business-day Form 4 window (filed late).

Context

• This was a compensation award (accrual), not an open-market purchase or sale. Because the rights are cash-settled, the grant does not immediately change share count, voting power, or create tradable shares. Such grants are routine for director compensation; the filing’s late submission is an administrative detail investors may note.