What phantom share grants are referenced in the MQT Form 4?

The filing references phantom shares granted on January 31, 2024 and January 31, 2025. Each grant vests in equal installments on each of the first three anniversaries of the grant date and is payable in cash upon vesting.

BlackRock MuniYield Quality II (NYSE: MQT) manager sells 139 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BlackRock MuniYield Quality Fund II, Inc. portfolio manager Christian Romaglino reported a small insider transaction involving common stock and phantom shares.

On January 30, 2026, 139.1621 phantom-share equivalents were converted into 139.1621 shares of common stock at $0.00 per share, then those 139.1621 common shares were disposed of at $10.23 per share, leaving 0.0000 common shares directly owned.

The filing also notes previously granted phantom shares from January 31, 2024 and January 31, 2025, which are payable in cash upon vesting in three equal annual installments. Each phantom share is described as the economic equivalent of one share of common stock.

Insider Trade Summary

139.162 shares exercised/converted

Mixed 4 txns

Insider Romaglino Christian

Role Insider

Type	Security	Shares	Price	Value
Exercise	Phantom Shares	51.47	$0.00	--
Exercise	Phantom Shares	87.693	$0.00	--
Exercise	Common Stock	139.162	$0.00	--
Disposition	Common Stock	139.162	$10.23	$1K

Holdings After Transaction: Phantom Shares — 102.939 shares (Direct); Common Stock — 139.162 shares (Direct)

Footnotes (1)

A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash. As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

02/03/2026 - 05:39 PM

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^*

Romaglino Christian

(Last)

(First)

(Middle)

50 HUDSON YARDS

(Street)

NEW YORK

10001

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BLACKROCK MUNIYIELD QUALITY FUND II, INC. [ MQT ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/30/2026		M		139.1621	A	⁽¹⁾⁽²⁾⁽³⁾	139.1621	D
Common Stock	01/30/2026		D		139.1621	D	$10.23⁽¹⁾⁽²⁾⁽³⁾	0.0000	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Shares	⁽¹⁾⁽²⁾	01/30/2026		M			51.4696	⁽¹⁾⁽²⁾	⁽¹⁾⁽²⁾	Common Stock	51.4696	⁽¹⁾⁽²⁾	102.9391	D
Phantom Shares	⁽¹⁾⁽³⁾	01/30/2026		M			87.6926	⁽¹⁾⁽³⁾	⁽¹⁾⁽³⁾	Common Stock	87.6926	⁽¹⁾⁽³⁾	87.6926	D

Explanation of Responses:

1. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.

2. As previously reported on a Form 4 dated February 4, 2025, the Reporting Person was granted phantom shares on January 31, 2025 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

3. As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

	/s/ Gladys Chang as Attorney-in-Fact	02/03/2026
	** 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).
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MQT portfolio manager Christian Romaglino report?

Christian Romaglino reported converting 139.1621 phantom-share equivalents into 139.1621 shares of common stock, then disposing of all 139.1621 common shares at $10.23 per share, leaving 0.0000 directly owned shares after the January 30, 2026 transaction.

How many BlackRock MuniYield Quality Fund II (MQT) shares were sold?

The filing shows 139.1621 shares of MQT common stock were disposed of. These shares came from a same-day conversion coded as “M”, then were sold at $10.23 per share, resulting in 0.0000 common shares directly owned afterward.

What are phantom shares in the MQT Form 4 for Christian Romaglino?

Phantom shares are described as the economic equivalent of one share of MQT common stock and, subject to vesting requirements, become payable in cash. They track the value of common stock without granting actual share ownership upon grant.

How many phantom shares does the MQT portfolio manager hold after the transaction?

After the January 30, 2026 transactions, the filing shows 102.9391 phantom shares tied to a 2025 grant and 87.6926 phantom shares tied to a 2024 grant, all held with direct ownership status, according to the derivative securities table.

What do transaction codes M and D mean in the MQT Form 4 filing?

In this MQT Form 4, code “M” is used for the conversion of phantom-share equivalents into common stock and adjustments to phantom positions, while code “D” indicates the disposition of 139.1621 common shares at $10.23 per share on January 30, 2026.