BlackRock MuniYield Quality Fund director share reorg
BLACKROCK MUNIYIELD QUALITY FUND, INC. director Michael Kalinoski reported two “other” stock transactions tied to fund reorganizations effective February 23, 2026.
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Rhea-AI Filing Summary
BLACKROCK MUNIYIELD QUALITY FUND, INC. director Michael Kalinoski reported two “other” stock transactions tied to fund reorganizations effective February 23, 2026. In these reorganizations, two separate BlackRock municipal funds were merged into BlackRock MuniYield Quality Fund, and his prior holdings were converted into common shares of the acquiring fund at stated net asset value–based ratios.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 443 | $0.00 | $0.00 |
| Other | Common Stock | 920 | $0.00 | $0.00 |
Footnotes (2)
- F1. Effective as of February 23, 2026 BlackRock MuniYield Quality Fund II, Inc. (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (the "Acquiring Fund"). In the reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on February 20, 2026, less the costs of the reorganization. As of February 20, 2026, the Target Fund reported a NAV per share of $11.0544 and the Acquiring Fund reported a NAV per share of $12.5453. The conversion ratio for the Target Fund's common shares was 0.88115868. In the reorganization, Michael Kalinoski received 443 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 502.8144 common shares of the Target Fund.
- F2. Effective as of February 23, 2026 BlackRock MuniYield Fund (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (the "Acquiring Fund"). In the reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on February 20, 2026, less the costs of the reorganization. As of February 20, 2026, the Target Fund reported a NAV per share of $11.5454 and the Acquiring Fund reported a NAV per share of $12.5453. The conversion ratio for the Target Fund's common shares was 0.92029684. In the reorganization, Michael Kalinoski received 920 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 1000 common shares of the Target Fund.
FAQ
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What did the MQY Form 4 filing report for Michael Kalinoski?
Were Michael Kalinoski’s MQY transactions reported as buys or sells?
Which funds were reorganized into BlackRock MuniYield Quality Fund, Inc. (MQY)?
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