MMU (MMU) CCO/Subadviser Kim Stout files Form 3 showing no insider trades

Rhea-AI Filing Summary

WESTERN ASSET MANAGED MUNICIPALS FUND INC. had an initial ownership report filed by Kim Stout, identified as CCO/Subadviser. This Form 3 does not list any purchases, sales, gifts, or other transactions in the fund’s securities and shows no derivative positions or holdings details.

Key Figures

Insider buys reported: 0 shares Insider sells reported: 0 shares Derivative exercises: 0 transactions +2 more

5 metrics

Insider buys reported 0 shares Form 3 transactionSummary buyShares

Insider sells reported 0 shares Form 3 transactionSummary sellShares

Derivative exercises 0 transactions Form 3 transactionSummary exerciseCount

Gifts reported 0 transactions Form 3 transactionSummary giftCount

Net buy/sell direction neutral Form 3 transactionSummary netBuySellDirection

Key Terms

Form 3, ten percent owner, beneficial ownership, derivative positions

4 terms

Form 3 regulatory

"INSIDER FILING DATA (Form 3):"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

ten percent owner regulatory

""is_ten_percent_owner": 0"

beneficial ownership financial

"initial statement of beneficial ownership"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

derivative positions financial

""derivativeSummary": []"

Derivative positions are contracts that derive their value from an underlying asset—such as a stock, bond, currency or commodity—and include instruments like options, futures and swaps. Think of them as bets or insurance tied to an asset’s future price: they let investors amplify returns, hedge risk or take exposure without owning the asset directly, which can meaningfully increase potential gains, losses and volatility in a portfolio.

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SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Stout Kim

(Last) (First) (Middle)

WESTERN ASSET MANAGEMENT COMPANY, LLC

ONE MADISON AVENUE

(Street)

NEW YORK NEW YORK 10010

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2025

3. Issuer Name and Ticker or Trading Symbol
WESTERN ASSET MANAGED MUNICIPALS FUND INC. [ MMU ]

3a. Foreign Trading Symbol

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

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

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

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

No securities are beneficially owned.

	/s/Marc A. De Oliveira by Power of Attorney for Kim Stout	04/07/2026
	** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the MMU Form 3 filed by Kim Stout show?

The Form 3 for MMU reports that Kim Stout, listed as CCO/Subadviser, has filed an initial statement of beneficial ownership. It shows no reported transactions, derivative securities, or specific share holdings in this disclosure.

Are there any insider buy or sell transactions reported for MMU in this Form 3?

No transactions are reported. The filing shows zero buys, zero sells, and no derivative exercises or gifts. It functions purely as an initial ownership statement without any trading activity disclosed.

Does the MMU Form 3 indicate any derivative positions for Kim Stout?

The Form 3 shows no derivative positions. The derivative summary is empty and the transaction summary lists zero derivative transactions or exercises, indicating no options, warrants, or similar instruments are disclosed here.

Is Kim Stout reported as a ten percent owner in the MMU Form 3?

The data indicates is_ten_percent_owner: 0, meaning Kim Stout is not identified as a ten percent owner in this filing. Instead, the role is described as CCO/Subadviser rather than a large equity holder.

What is the overall significance of this MMU Form 3 filing?

This Form 3 is largely administrative, establishing Kim Stout’s status as a reporting person for MMU. With no reported holdings, transactions, or derivatives, it does not signal any trading activity or ownership change for investors.