Director logs MYD share conversion in reorganization
BLACKROCK MUNIYIELD FUND, INC. director Stayce D. Harris reported an administrative share conversion tied to a fund reorganization.
Rhea-AI Filing Summary
BLACKROCK MUNIYIELD FUND, INC. director Stayce D. Harris reported an administrative share conversion tied to a fund reorganization. Effective February 23, 2026, BlackRock MuniYield Fund, Inc. (the Target Fund) was reorganized into BlackRock MuniYield Quality Fund, Inc. (the Acquiring Fund).
In this reorganization, Harris’s 10.8107 common shares of the Target Fund were exchanged for 9 common shares of the Acquiring Fund, plus cash for any fractional shares, based on net asset values determined as of February 20, 2026. Following the transaction, she no longer holds common shares of the Target Fund.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 10.8107 | $11.5454 | $124.81 |
Footnotes (1)
- F1. Effective as of February 23, 2026 BlackRock MuniYield Fund, 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 $11.5454 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, Stayce D. Harris received 9 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for her 10.8107 common shares of the Target Fund.
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What insider transaction did Stayce D. Harris report for BLACKROCK MUNIYIELD FUND, INC. (MYD)?
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