Kalinoski’s fund reorganizations convert holdings into MQY shares (NYSE: MQY)
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KALINOSKI MICHAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 443 | $0.00 | -- |
| Other | Common Stock | 920 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,191 shares (Direct)
Footnotes (1)
- 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. 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
What did the MQY Form 4 filing report for Michael Kalinoski?
The Form 4 for MQY reported two “other” transactions for director Michael Kalinoski. These reflect share conversions he received in BlackRock MuniYield Quality Fund, Inc. as part of fund reorganizations completed on February 23, 2026.
Were Michael Kalinoski’s MQY transactions reported as buys or sells?
No, the Form 4 classifies both MQY transactions under code J as “other acquisition or disposition.” They are not marked as traditional open-market buys or sells but as conversions tied to fund reorganizations.
Which funds were reorganized into BlackRock MuniYield Quality Fund, Inc. (MQY)?
The filing states that BlackRock MuniYield Quality Fund II, Inc. and BlackRock MuniYield Fund were each reorganized into BlackRock MuniYield Quality Fund, Inc. effective February 23, 2026, leading to the reported share conversions.