NYLI MacKay DefinedTerm Muni (MMD) portfolio manager sells 1,250 fund shares
Rhea-AI Filing Summary
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) insider John J Lawlor, identified as a portfolio manager, reported selling a total of 1,250 Shares of Beneficial Interest on 2026-08-07 in two open-market transactions. The sales were executed at prices of $15.02 for 100 shares and $15.00 for 1,150 shares. The filing does not report Lawlor’s post-transaction holdings, and the transactions were not flagged as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,250 shares
Net Sell
2 txns
Insider
Lawlor John J
Role
Insider
Sold
1,250 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Shares of Beneficial Interest | 100 | $15.02 | $2K |
| Sale | Shares of beneficial interest | 1,150 | $15.00 | $17K |
Holdings After Transaction:
Shares of beneficial interest — 3,250 shares (Direct)
Key Figures
Shares sold (transaction 1): 100 shares
Price per share (transaction 1): $15.0200
Shares sold (transaction 2): 1,150 shares
+2 more
5 metrics
Shares sold (transaction 1)
100 shares
Non-derivative sale of Shares of Beneficial Interest on 2026-08-07
Price per share (transaction 1)
$15.0200
Sale price per share for 100 shares on 2026-08-07
Shares sold (transaction 2)
1,150 shares
Non-derivative sale of Shares of beneficial interest on 2026-08-07
Price per share (transaction 2)
$15.0000
Sale price per share for 1,150 shares on 2026-08-07
Total shares sold
1,250 shares
Aggregate of both non-derivative sales reported in the Form 4
Key Terms
Shares of Beneficial Interest, Rule 10b5-1, non-derivative, portfolio manager
4 terms
Rule 10b5-1 regulatory
"aff_10b5_one indicates the Rule 10b5-1 checkbox status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
non-derivative financial
"transaction_type is classified as "non-derivative" for both sales"
portfolio manager financial
"reporting person is described as "Portfolio Manager""
A portfolio manager is the professional who picks and oversees a collection of investments—such as stocks, bonds, and cash—on behalf of individuals or institutions. They make decisions about which assets to buy, hold or sell and how much risk to take, like a ship captain steering through changing weather; their choices shape an investor’s potential returns, losses and the steadiness of the investment experience.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) report?
NYLI MacKay DefinedTerm Muni Opportunities Fund reported that portfolio manager John J Lawlor sold 1,250 Shares of Beneficial Interest on 2026-08-07 in two open-market transactions at prices of $15.02 and $15.00 per share.
What is John J Lawlor’s role at NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD)?
The filing identifies John J Lawlor as a Portfolio Manager of NYLI MacKay DefinedTerm Muni Opportunities Fund. He is not listed as a director, officer, or 10% owner, but reports transactions as an insider under SEC rules.
Were the MMD insider sales by John J Lawlor under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, so these sales were not marked as executed under a pre-arranged 10b5-1 trading plan, based on the filing’s plan-status field.
What type of security did John J Lawlor sell in MMD?
John J Lawlor sold Shares of Beneficial Interest in NYLI MacKay DefinedTerm Muni Opportunities Fund. These represent the fund’s listed equity interests rather than derivative securities, and both reported transactions are classified as non-derivative sales.
Does the Form 4 show John J Lawlor’s remaining MMD holdings after the sale?
The reported transactions list share amounts sold, but the post-transaction holdings field is blank for both entries. The Form 4 therefore does not state how many NYLI MacKay DefinedTerm Muni Opportunities Fund shares Lawlor holds after these sales.