Welcome to our dedicated page for BlackRock Invst. Quality Muni SEC filings (Ticker: BKN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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The 678 BKN preferred shares are shown as disposed, reflecting their exchange into MQY shares rather than a cash sale. The statement is filed jointly by JPMorgan Chase & Co. and DNT Asset Trust, with JPMorgan’s interest arising indirectly through its ownership of subsidiary DNT Asset Trust, and the reporting persons include standard disclaimers about being part of any group.
JPMorgan Chase & Co. and DNT Asset Trust report that they no longer beneficially own any Variable Rate Muni Term Preferred Shares of BlackRock Investment Quality Municipal Trust, Inc. The change follows a February 23, 2026 reorganization of the trust into BlackRock MuniYield Quality Fund, Inc. (MQT).
In the reorganization, DNT Asset Trust exchanged 678 preferred shares of the original issuer for an equal number of Series W-7B Variable Rate Demand Preferred Shares of MQT. The amendment updates the Schedule 13D to show 0 shares and 0% of the class owned and confirms all voting and financing arrangements on these preferred shares have been terminated.
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC. reported an administrative change in compensation-related derivative holdings for portfolio manager Michael Kalinoski. The Form 4 shows 121.53 phantom shares, each economically equivalent to one common share and payable in cash after vesting, treated as an “other” transaction.
Effective February 23, 2026, the trust was reorganized into BlackRock MuniYield Quality Fund, Inc. In connection with this reorganization, phantom stock units previously awarded in the original fund were reallocated to the acquiring fund and converted using the same exchange ratio as the reorganization, leaving a zero balance reported for this issuer.
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC. portfolio manager Christian Romaglino reported an “other” transaction involving 224.45 phantom shares valued at
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC. reported an administrative change in compensation-linked phantom shares for portfolio manager Kristi Manidis. On the reported date, 100.260 phantom shares, valued at $11.54 per unit, were adjusted, leaving zero phantom shares reported as directly held after the transaction.
Footnotes explain that each phantom share mirrors one common share economically and is payable in cash once vesting conditions are met. The units tied to this fund were reallocated to BlackRock MuniYield Quality Fund, Inc. in connection with a fund reorganization using the same exchange ratio applied in that transaction.
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC. reported an administrative change in Walter O'Connor’s compensation-related holdings through phantom shares. On February 23, 2026, the trust was reorganized into BlackRock MuniYield Quality Fund, Inc., and O'Connor’s previously awarded phantom stock units were reallocated to the acquiring fund.
The Form 4 shows an “other” transaction in 372.18 phantom shares, which are cash-settled units economically equivalent to common shares, subject to vesting. Following this reorganization-related conversion, the reported balance for these phantom shares in the reorganized trust is 0.
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC. reported a Form 4 for director Glenn Hubbard reflecting a fund reorganization rather than an open-market trade. Effective February 23, 2026, the trust was reorganized into BlackRock MuniYield Quality Fund, Inc. Hubbard exchanged 333 common shares of the trust for 328 common shares of the acquiring fund (plus cash for any fractional share), based on a reported net asset value of $12.3868 per share for the trust and $12.5453 per share for the acquiring fund as of February 20, 2026, using a conversion ratio of 0.98736579.
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC. director Stayce D. Harris reported an "other" type transaction linked to a fund reorganization. On February 23, 2026, BlackRock Investment Quality Municipal Trust, Inc. (the Target Fund) was reorganized into BlackRock MuniYield Quality Fund, Inc. (the Acquiring Fund).
In this reorganization, holders of the Target Fund received Acquiring Fund common shares equal in value to the Target Fund shares they surrendered, based on net asset values as of February 20, 2026, less reorganization costs. As of that date, the Target Fund’s NAV per share was $12.3868 and the Acquiring Fund’s NAV per share was $12.5453, resulting in a conversion ratio of 0.98736579 for the Target Fund’s common shares.
Under this ratio, Harris exchanged 10.7893 Target Fund common shares for 10 Acquiring Fund common shares plus cash for any fractional share. Following this transaction, her reported holdings of the Target Fund’s common stock were 0 shares.
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC. (BKN) reported an insider share conversion tied to a fund reorganization. Director Catherine A. Lynch exchanged 1,802 common shares of the Target Fund for 1,779 common shares of BlackRock MuniYield Quality Fund, Inc., plus cash for any fractional shares.
The reorganization became effective on February 23, 2026, using net asset values as of February 20, 2026. On that date, the Target Fund’s NAV per share was $12.3868 and the Acquiring Fund’s NAV per share was $12.5453, resulting in a 0.98736579 conversion ratio for the Target Fund’s common shares.
BLACKROCK INVESTMENT QUALITY MUNICIPAL TRUST, INC. reported a restructuring-related insider transaction. Director Christian Romaglino’s 358.6193 common shares of this fund were exchanged in a reorganization into BlackRock MuniYield Quality Fund, Inc. Effective February 23, 2026, he received 354 common shares of the acquiring fund, based on a conversion ratio of 0.98736579 using net asset values of $12.3868 for the target fund and $12.5453 for the acquiring fund as of February 20, 2026. Following this exchange, his reported holdings in the target fund fell to zero, with any fractional share settled in cash.