BlackRock MuniYield Quality Fund II (MQT) insider sale after phantom share vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BlackRock MuniYield Quality Fund II, Inc. portfolio manager Santiago Kristi Manidis reported phantom share vesting and a small stock sale. On January 30, 2026, 105.4356 phantom-share equivalents of common stock became beneficially owned, then the same 105.4356 common shares were sold at $10.23 per share, leaving no directly held common stock.
The filing shows two phantom share positions (57.4787 and 47.9569 units) converting into common stock. Footnotes explain each phantom share is economically equal to one common share and is payable in cash upon vesting, with grants from 2024 and 2025 vesting in three annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
105.436 shares exercised/converted
Mixed
4 txns
Insider
Santiago Kristi Manidis
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Shares | 57.479 | $0.00 | -- |
| Exercise | Phantom Shares | 47.957 | $0.00 | -- |
| Exercise | Common Stock | 105.436 | $0.00 | -- |
| Disposition | Common Stock | 105.436 | $10.23 | $1K |
Holdings After Transaction:
Phantom Shares — 114.957 shares (Direct);
Common Stock — 105.436 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.
FAQ
What insider transaction did MQT portfolio manager Santiago Kristi Manidis report?
Santiago Kristi Manidis reported vesting-related activity and a small sale. A total of 105.4356 common shares became beneficially owned from phantom share activity, then 105.4356 common shares were sold at $10.23 per share, leaving no directly held common stock afterward.
Does the MQT portfolio manager still directly own common stock after this Form 4?
After the reported transactions, the Form 4 shows 0.0000 MQT common shares directly owned. The filing first reports 105.4356 shares beneficially owned, then a disposition of 105.4356 shares at $10.23 per share, resulting in no directly held common stock remaining.