Form 4: BlackRock Executive Antonio DeSpirito III Reports Transactions in BlackRock Enhanced Equity Dividend Trust (BDJ)
SEC Form 4 Filing
Antonio DeSpirito III, a Portfolio Manager at BlackRock, reports transactions involving common stock and phantom shares of BlackRock Enhanced Equity Dividend Trust (BDJ) on January 31, 2025.
Summary
- On January 31, 2025, Antonio DeSpirito III, a Portfolio Manager at BlackRock, filed a Form 4 detailing changes in beneficial ownership of BlackRock Enhanced Equity Dividend Trust (BDJ).
- The transactions included the acquisition and disposition of common stock and phantom shares.
- Specifically, 29,434.9811 common stock were acquired and disposed of at a price of $8.79.
- Additionally, 17,278.157 phantom shares were acquired, while 9,976.3267, 7,804.5707 and 11,654.0838 phantom shares were disposed of.
- The phantom shares vest in equal installments on each of the first three anniversaries of the award and are payable in cash.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| January 31, 2022 | Grant date of phantom shares vesting in equal installments on each of the first three anniversaries of the grant date. |
| February 2, 2022 | Date of previously reported Form 4. |
| January 31, 2023 | Grant date of phantom shares vesting in equal installments on each of the first three anniversaries of the grant date. |
| February 2, 2023 | Date of previously reported Form 4. |
| January 31, 2024 | Grant date of phantom shares vesting in equal installments on each of the first three anniversaries of the grant date. |
| February 2, 2024 | Date of previously reported Form 4. |
| January 31, 2025 | Date of transactions involving common stock and phantom shares. |
| February 4, 2025 | Date of the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, BlackRock, BDJ, Antonio DeSpirito III, Phantom Shares, Common Stock, Transaction
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