VKQ Form 4: Portfolio manager purchase, 5,200 shares at $9.618

Q: What insider transaction was reported for VKQ?

A portfolio manager reported an open‑market purchase of 5,200 common shares on 11/05/2025 .

Q: What was the purchase price for the VKQ shares?

The weighted average purchase price was $9.618 , with a trade range of $9.60–$9.62 .

Q: How many VKQ shares does the insider own after the trade?

Beneficial ownership following the trade is 10,746.524 shares , held indirectly.

Q: How is the VKQ ownership held by the insider?

Shares are held indirectly through the Andrea R OReilly Trust .

Q: Does the ownership total include DRIP shares?

Yes. It includes 146.524 shares received through DRIP.

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Invesco Municipal Trust (VKQ) reported an insider open‑market purchase. A portfolio manager acquired 5,200 common shares on 11/05/2025 at a weighted average price of $9.618, with a disclosed trade range of $9.60–$9.62.

Following the transaction, the reporting person beneficially owned 10,746.524 shares on an indirect basis through the Andrea R OReilly Trust. This total includes 146.524 shares received via DRIP.

Insider Trade Summary

Net Buyer: 5,200 shares ($50,014)

Net Buy 1 txn

Insider O'Reilly Timothy M

Role Insider

Bought 5,200 shs ($50K)

Type	Security	Shares	Price	Value
Purchase	Common Shares	5,200	$9.618	$50K

Holdings After Transaction: Common Shares — 10,746.524 shares (Indirect, ANDREA R OREILLY TRUST)

Footnotes (1)

The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price. Reflects the weighted average purchase price. The range of prices for such transactions is $9.60 - $9.62. Includes 146.524 shares received through DRIP.

Form 4 Insider Transactions: What Each Field Means →

11/07/2025 - 09:40 AM

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^*

O'Reilly Timothy M

(Last)

(First)

(Middle)

1331 SPRING STREET, NE

SUITE 2500

(Street)

ATLANTA

30309

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Invesco Municipal Trust [ VKQ ]

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)
11/05/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	11/05/2025⁽¹⁾		P		5,200	A	$9.618⁽²⁾	10,746.524⁽³⁾	I	ANDREA R OREILLY TRUST

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reporting person effected multiple same-way open market purchase transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price.

2. Reflects the weighted average purchase price. The range of prices for such transactions is $9.60 - $9.62.

3. Includes 146.524 shares received through DRIP.

	/s/ Todd F. Kuehl, as Attorney in Fact	11/07/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction was reported for VKQ?

A portfolio manager reported an open‑market purchase of 5,200 common shares on 11/05/2025.

What was the purchase price for the VKQ shares?

The weighted average purchase price was $9.618, with a trade range of $9.60–$9.62.

How many VKQ shares does the insider own after the trade?

Beneficial ownership following the trade is 10,746.524 shares, held indirectly.

How is the VKQ ownership held by the insider?

Shares are held indirectly through the Andrea R OReilly Trust.

What does the Form 4 transaction code indicate?

Transaction code P indicates an open‑market or private purchase of non‑derivative securities.

Does the ownership total include DRIP shares?

Yes. It includes 146.524 shares received through DRIP.