BlackRock Muniyield (NYSE: MQY) holder sells 1,464 preferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLACKROCK MUNIYIELD QUALITY FUND, INC. reported an insider transaction where 1,464 Series W-7B Variable Rate Demand Preferred Shares were sold in an open-market transaction on February 23, 2026. These variable rate demand preferred shares were beneficially owned by DNT Asset Trust and were sold for a price of $100,000 per share.
The statement is jointly filed by JPMorgan Chase & Co. and DNT Asset Trust, with JPMorgan holding an indirect interest through its ownership of subsidiary DNT Asset Trust. Following this sale, the filing shows 0 preferred shares remaining for the reporting holder in this security.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Net Sell
1 txn
Insider
JPMORGAN CHASE & CO, DNT Asset Trust
Role
10% Owner | 10% Owner
Sold
1,464 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series W-7B Variable Rate Demand Preferred Shares | 1,464 | $0.00 | -- |
Holdings After Transaction:
Series W-7B Variable Rate Demand Preferred Shares — 0 shares (Indirect, By Subsidiary)
Footnotes (1)
- The variable rate demand preferred shares reported as disposed of in Table I (the "VRDP Shares") represent shares that were beneficially owned by DNT Asset Trust ("DNT Trust"). The VRDP Shares were disposed of as a result of a sale of the VRDP Shares in an open market transaction for a price of $100,000 per share. The 1,464 shares reported as disposed of in Table I represent shares that were beneficially owned by DNT Trust. This statement is jointly filed by JPMorgan Chase & Co. and DNT Trust. JPMorgan Chase & Co. holds an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary DNT Trust. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
FAQ
What insider transaction did BLACKROCK MUNIYIELD QUALITY FUND (MQY) report?
The fund reported a sale of 1,464 Series W-7B Variable Rate Demand Preferred Shares. These variable rate demand preferred shares were sold in an open-market transaction at a stated price of $100,000 per share on February 23, 2026, by DNT Asset Trust.
What type of security was sold in the MQY insider transaction?
The transaction involved Series W-7B Variable Rate Demand Preferred Shares of BlackRock Muniyield Quality Fund, Inc. These are variable rate demand preferred shares, and the filing reports a disposal of 1,464 such shares in an open-market transaction at $100,000 per share.