BlackRock Enhanced Large Cap Core Fund (CII) Dir. Kester Carl Receives Award
$CII · BlackRock Enhanced Large Cap Core Fund, Inc.Research Summary
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BlackRock Enhanced Large Cap Core Fund (CII) Dir. Kester Carl Receives Award
What Happened Kester W. Carl, a director of BlackRock Enhanced Large Cap Core Fund, Inc. (CII), received an award of 2.71 performance rights on August 3, 2026. The award is reported at an implied per-share cash value of $24.51, for a total reported value of $66. This was an award/acquisition (derivative) under the company’s deferred compensation arrangements rather than an open-market purchase.
Key Details
- Transaction date: 2026-08-03; Filing date: 2026-08-05 (Form 4 accession 0001193125-26-335562) — appears timely.
- Instrument: Performance Rights (derivative award).
- Amount: 2.71 performance rights; reported value $24.51 per right; total $66.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes from filing:
- F1: Performance 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.
- Transaction code: A = Award/Grant/Other acquisition (derivative).
Context This was a non-cash, deferred-compensation award of performance rights that will be paid in cash based on the value of one share each at settlement — not an immediate stock purchase or sale. Such awards are routine compensation for executives/directors and do not necessarily indicate a buy or sell signal in the market.