Form 4: BlackRock Enhanced Government Fund Portfolio Manager Akiva Dickstein Reports Transactions in Company Stock and Phantom Shares
SEC Form 4 Filing
Akiva Dickstein, a Portfolio Manager at BlackRock Enhanced Government Fund, reported transactions involving common stock and phantom shares, including acquisitions and disposals, on January 31, 2025.
Summary
- Akiva Dickstein, a Portfolio Manager at BlackRock Enhanced Government Fund, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On January 31, 2025, Dickstein engaged in transactions involving common stock and phantom shares.
- These transactions included the acquisition of 5,244.4198 shares of common stock and the disposal of 5,244.4198 shares at a price of $9.63.
- Dickstein also reported transactions involving phantom shares, which are the economic equivalent of common stock and payable in cash upon vesting.
- These phantom share transactions included the acquisition of 6,220.3367 shares and disposals of 1,467.7657, 1,403.7776, and 2,372.8765 shares.
- The phantom shares vest in equal installments over three years from the grant date.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of transactions by a company insider, which is a common practice in the financial industry to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions may provide shareholders with insight into the investment decisions of a key company employee.
Key Dates
| Date | Description |
|---|---|
| 2022-01-31 | Grant date of phantom shares that vest in equal installments on each of the first three anniversaries of the grant date, as previously reported on a Form 4 dated February 2, 2022. |
| 2023-01-31 | Grant date of phantom shares that vest in equal installments on each of the first three anniversaries of the grant date, as previously reported on a Form 4 dated February 2, 2023. |
| 2024-01-31 | Grant date of phantom shares that vest in equal installments on each of the first three anniversaries of the grant date, as previously reported on a Form 4 dated February 2, 2024. |
| 2025-01-31 | Date of reported transactions involving common stock and phantom shares. |
| 2025-02-04 | Date of signature of the report. |
Keywords
Form 4, Beneficial Ownership, BlackRock Enhanced Government Fund, Akiva Dickstein, Common Stock, Phantom Shares, Transactions, Portfolio Manager
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