MQY insider updates phantom share holdings

BLACKROCK MUNIYIELD QUALITY FUND, INC. reported a Form 4 for portfolio manager Phillip Soccio reflecting an administrative change in phantom shares tied to a fund reorganization.

Rhea-AI Filing Summary

BLACKROCK MUNIYIELD QUALITY FUND, INC. reported a Form 4 for portfolio manager Phillip Soccio reflecting an administrative change in phantom shares tied to a fund reorganization. Effective February 23, 2026, 64.88 phantom share units valued at $11.74 per unit were reallocated from BlackRock MuniYield Quality Fund II, Inc. Income Trust to this fund using the reorganization exchange ratio. Phantom shares are the economic equivalent of common stock and, after applicable vesting, are payable in cash. Following this non-cash reallocation, Soccio holds 235.38 phantom share units directly.

Insider Trade Summary

Other: 64.88 shares

Other 1 txn

Insider Soccio Phillip

Role Insider

Type	Security	Shares	Price	Value
Other	Phantom Shares	64.88	$11.74	$761.69

Holdings After Transaction: Phantom Shares — 235.38 contracts (Direct)

Footnotes (2)

1. F1. 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. F2. Effective as of February 23, 2026 BlackRock MuniYield Quality Fund II, Inc. Income Trust (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (the "Acquiring Fund"). In connection with this reorganization, phantom stock units previously awarded to Philip Soccio in the Target Fund were reallocated to the Acquiring Fund. The number of phantom stock units in the Acquiring Fund (64.88 units at $11.74 per share) represents the value of the reporting person's former Target Fund phantom stock units converted at the exchange ratio used in the reorganization. No additional consideration was paid by the reporting person in connection with this reallocation.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the MQY Form 4 report for Phillip Soccio?

The Form 4 reports a reallocation of phantom shares to Phillip Soccio due to a fund reorganization. 64.88 phantom share units at $11.74 per unit moved from a predecessor fund, bringing his direct phantom share holdings to 235.38 units.

Were MQY shares bought or sold in this Phillip Soccio Form 4?

No common shares of MQY were reported as bought or sold. The filing describes an administrative reallocation of phantom share units between related funds in connection with a reorganization, with no additional consideration paid by the reporting person.

What are phantom shares in the MQY insider transaction?

Phantom shares are the economic equivalent of one share of common stock and become payable in cash after vesting. In this filing, 64.88 phantom share units were reallocated to MQY, contributing to Phillip Soccio’s total of 235.38 phantom share units.

Why were phantom shares reallocated to MQY for Phillip Soccio?

The reallocation occurred because BlackRock MuniYield Quality Fund II, Inc. Income Trust was reorganized into BlackRock MuniYield Quality Fund, Inc. Phantom stock units previously awarded in the target fund were converted into MQY units using the reorganization’s exchange ratio.

Did Phillip Soccio pay anything for the MQY phantom shares?

The filing states that no additional consideration was paid by Phillip Soccio for the reallocated phantom shares. The 64.88 units at $11.74 per unit simply reflect conversion of his prior phantom units under the reorganization terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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

Add on Google Not now

Accepted by SEC EDGAR 02/25/2026 - 08:52 PM Learn about SEC filing dates

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^*

Soccio Phillip

(Last) (First) (Middle)

50 HUDSON YARDS

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

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

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)
02/23/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Shares	(1)	02/23/2026		J(2)		64.88		(1)(2)	(1)(2)	Common Stock	64.88	$11.74(2)	235.38	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. Effective as of February 23, 2026 BlackRock MuniYield Quality Fund II, Inc. Income Trust (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (the "Acquiring Fund"). In connection with this reorganization, phantom stock units previously awarded to Philip Soccio in the Target Fund were reallocated to the Acquiring Fund. The number of phantom stock units in the Acquiring Fund (64.88 units at $11.74 per share) represents the value of the reporting person's former Target Fund phantom stock units converted at the exchange ratio used in the reorganization. No additional consideration was paid by the reporting person in connection with this reallocation.

	/s/ Gladys Chang as Attorney-in-Fact	02/25/2026
	** 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.