BlackRock CII: director Kester W Carl received 28.15 shares

What happened

• Kester W Carl, a director, received 28.15 performance rights (derivative) as an award at a price of $23.99 per share, for a total value of $675, reported on Oct 1, 2026.

Key details

• Transaction date and price: Oct 1, 2026 at $23.99 per share; transaction code A (award/grant).
• Instrument and settlement: performance rights (derivative) to be settled 100% in cash.
• Shares owned after the transaction: not reported in the filing.
• Footnotes from the filing:
  • 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 Large Cap Core Fund, Inc.
  • F3: The performance rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
• Filing date: filed Oct 5, 2026 (the filing does not indicate a late status).

Why it may matter

• This was an award of performance rights (a derivative grant) that will be settled in cash rather than resulting in a market trade of shares.
• The filing shows the grant and its cash-settlement terms but does not explain motivations or context. This filing does not show why the insider traded or why the company acted.