Form 4: Harris Stayce D. reports multiple insider transactions in BFK

Rhea-AI Filing Summary

Harris Stayce D. reported multiple insider transaction types in a Form 4 filing for BFK. The filing lists transactions totaling 11 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Harris Stayce D.

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	10.7281	$0.00	$0.00

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

1. F1. Effective as of February 9, 2026, BlackRock Municipal Income Trust (the "Target Fund") was reorganized into BlackRock MuniHoldings Fund, Inc. (the "Acquiring Fund"). In the reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on February 6, 2026, less the costs of the reorganization. As of February 6, 2026, the Target Fund reported a NAV per share of $10.8945 and the Acquiring Fund reported a NAV per share of $12.8419. The conversion ratio for the Target Fund's common shares was 0.84835577. In the reorganization, Stayce D. Harris received 9 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for her 10.7281 common shares of the Target Fund.

FAQ

What insider transaction did BFK director Stayce D. Harris report?

Stayce D. Harris reported an other transaction where her BlackRock Municipal Income Trust shares were exchanged in a fund reorganization. She swapped 10.7281 target fund shares for 9 shares of BlackRock MuniHoldings Fund, Inc., plus cash for any fractional share, leaving zero BFK shares reported.

Why were BFK shares converted into BlackRock MuniHoldings Fund, Inc. shares?

The conversion occurred because BlackRock Municipal Income Trust was reorganized into BlackRock MuniHoldings Fund, Inc. Common shareholders received acquiring fund shares equal in value to their surrendered shares, based on each fund’s net asset value as of February 6, 2026, less reorganization costs.

What net asset values were used in the BFK reorganization share exchange?

The exchange used net asset values as of February 6, 2026. BlackRock Municipal Income Trust reported a NAV per share of $10.8945, while BlackRock MuniHoldings Fund, Inc. reported a NAV per share of $12.8419. These NAVs determined the conversion ratio applied to shareholder holdings.

What was the conversion ratio for BlackRock Municipal Income Trust common shares?

The conversion ratio for BlackRock Municipal Income Trust common shares was 0.84835577. This means each target fund share was exchanged for approximately 0.84835577 BlackRock MuniHoldings Fund, Inc. shares, with any remaining fractional entitlement settled in cash to the shareholder.

How many BFK shares did Stayce D. Harris own after the transaction?

After the reorganization transaction, the Form 4 reports that Stayce D. Harris beneficially owned 0 shares of BlackRock Municipal Income Trust common stock. Her prior 10.7281 target fund shares were exchanged for 9 shares of the acquiring fund, plus cash for any fractional portion.

Did Stayce D. Harris buy or sell BFK shares on the open market?

The filing shows an "other" coded transaction rather than an open-market trade. Her BlackRock Municipal Income Trust shares were exchanged for BlackRock MuniHoldings Fund, Inc. shares as part of a reorganization, with consideration based on each fund’s reported net asset value per share.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/11/2026 - 05:49 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Harris Stayce D.

(Last) (First) (Middle)

50 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BLACKROCK MUNICIPAL INCOME TRUST [ BFK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2026		J(1)		10.7281	D	(1)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Effective as of February 9, 2026, BlackRock Municipal Income Trust (the "Target Fund") was reorganized into BlackRock MuniHoldings Fund, Inc. (the "Acquiring Fund"). In the reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on February 6, 2026, less the costs of the reorganization. As of February 6, 2026, the Target Fund reported a NAV per share of $10.8945 and the Acquiring Fund reported a NAV per share of $12.8419. The conversion ratio for the Target Fund's common shares was 0.84835577. In the reorganization, Stayce D. Harris received 9 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for her 10.7281 common shares of the Target Fund.

	/s/ Gladys Chang as Attorney-in-Fact	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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