MQY insider awarded 177.96 phantom shares

BlackRock MuniYield Quality Fund, Inc. reported that portfolio manager Michael Kalinoski received an award of 177.9625 phantom shares on January 30, 2026.

Accepted by SEC EDGAR 02/03/2026 - 07:41 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

BlackRock MuniYield Quality Fund, Inc. reported that portfolio manager Michael Kalinoski received an award of 177.9625 phantom shares on January 30, 2026. These derivative awards are valued at $11.73 per phantom share and are recorded as directly owned.

Each phantom share is the economic equivalent of one share of common stock but will be settled in cash rather than actual shares, once vesting conditions are met. The phantom shares vest in three equal installments on each of the first three anniversaries of the award, aligning compensation with the fund’s long‑term performance.

Insider Trade Summary

Grant/Award: 177.9625 shares

Grant/Award 1 txn

Insider KALINOSKI MICHAEL

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	177.9625	$11.73	$2K

Holdings After Transaction: Phantom Shares — 177.9625 contracts (Direct)

Holdings Before and After: Phantom Shares, 0 to 177.9625 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. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

FAQ

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

What insider transaction did MQY disclose for Michael Kalinoski on January 30, 2026?

BlackRock MuniYield Quality Fund, Inc. (MQY) reported that portfolio manager Michael Kalinoski received 177.9625 phantom shares on January 30, 2026. The phantom shares are valued at $11.73 each and are recorded as directly owned derivative securities tied to common stock value.

What are phantom shares in the MQY Form 4 filing for Michael Kalinoski?

In the MQY filing, each phantom share is the economic equivalent of one share of common stock but settles in cash. This means Kalinoski’s award tracks the value of MQY common stock without issuing actual shares, functioning as cash-settled, stock-linked compensation.

How many phantom shares does Michael Kalinoski own in MQY after the reported transaction?

After the January 30, 2026 award, Michael Kalinoski beneficially owns 177.9625 phantom shares tied to MQY common stock. These are shown as directly owned derivative securities and reflect his entire reported phantom share balance following the transaction.

At what price were the MQY phantom shares granted to Michael Kalinoski?

The phantom shares granted to Michael Kalinoski were valued at $11.73 per share. This price applies to the 177.9625 phantom shares awarded, establishing the reference value for this cash-settled, stock-linked compensation tied to MQY common stock performance.

How do the MQY phantom shares granted to Michael Kalinoski vest over time?

The MQY phantom shares vest in three equal annual installments. Specifically, the 177.9625 phantom shares vest on each of the first three anniversaries of the award date, subject to applicable vesting requirements, before becoming payable in cash to the portfolio manager.

Does the MQY phantom share award give Michael Kalinoski actual MQY shares?

No, the phantom share award does not provide actual MQY shares. Instead, each phantom share is economically equivalent to one common share but is payable in cash after vesting, giving stock-linked value exposure without issuing additional MQY common stock.

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

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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^*

KALINOSKI MICHAEL

(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)
01/30/2026

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)(2)	01/30/2026		A		177.9625		(1)(2)	(1)(2)	Common Stock	177.9625	$11.73	177.9625	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. These phantom shares vest in equal installments on each of the first three anniversaries of the award.

	/s/ Gladys Chang as Attorney-in-Fact	02/03/2026
	** 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.