KESTER W CARL 4

What Happened

• Kester W. Carl, a director of BlackRock Enhanced Large Cap Core Fund, Inc. (ticker: CII), was granted 23.69 Performance Rights on 2026-07-01. The award is recorded at $25.77 per share (total value about $610). The transaction type is an award/grant (derivative), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-06 (filing appears late relative to the usual 2-business-day Form 4 deadline).
• Security and amount: 23.69 Performance Rights, recorded at $25.77 per right (total ≈ $610).
• Transaction code: A (award/grant); derivative instrument (Performance Rights).
• Shares/rights owned after transaction: not specified in the Form 4 filing.
• Footnotes from the filing:
  • F1: Rights were accrued under the BlackRock Deferred Compensation Plan.
  • F2: Each Performance Right is convertible into the cash value of one share of CII.
  • F3: The Performance Rights will be settled 100% in cash at the deferral period chosen by the reporting person.

Context

• These are deferred compensation Performance Rights that pay out in cash based on the share value, not immediate equity shares. Such awards are typically part of executive/director compensation and do not represent a stock purchase or sale by the insider. The late filing reduces short-term transparency but does not, by itself, indicate trading intent.