Form 4: BlackRock Executive Molly Greenen Reports Transactions in BlackRock Enhanced International Dividend Trust (BGY)
SEC Form 4 Filing
Molly Greenen, a Portfolio Manager at BlackRock, filed a Form 4 disclosing transactions involving common stock and phantom shares of BlackRock Enhanced International Dividend Trust (BGY) on January 31, 2025.
Summary
- On January 31, 2025, Molly Greenen, a Portfolio Manager at BlackRock, reported transactions related to BlackRock Enhanced International Dividend Trust (BGY).
- The transactions involved the acquisition and disposition of common stock and phantom shares.
- Greenen acquired 2,821.9456 shares of common stock.
- Greenen disposed of 2,821.9456 shares of common stock at a price of $5.53.
- She also acquired 2,407.3237 phantom shares and had phantom shares converted to cash.
- The phantom shares are the economic equivalent of one share of common stock and are payable in cash upon vesting.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are a routine part of regulatory compliance for individuals with significant holdings or positions in publicly traded companies, providing transparency into their transactions.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/02/2023 | Date of previous Form 4 filing regarding phantom shares granted on January 31, 2023. |
| 01/31/2024 | Date of phantom shares granted, as previously reported on a Form 4 dated February 2, 2024. |
| 02/02/2024 | Date of previous Form 4 filing regarding phantom shares granted on January 31, 2024. |
| 01/31/2025 | Date of the reported transactions involving common stock and phantom shares. |
| 02/04/2025 | Date of the Form 4 filing. |
Keywords
Form 4, BlackRock, BGY, Molly Greenen, Portfolio Manager, Insider Trading, Phantom Shares, Common Stock, Transaction
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