Form 4: Bank of America Corp Reports Changes in Beneficial Ownership of Putnam Managed Municipal Income Trust
SEC Form 4
Bank of America Corp and its subsidiaries report transactions in Putnam Managed Municipal Income Trust (PMM) common stock, indicating changes in beneficial ownership.
Summary
- Bank of America Corp, along with its subsidiaries Bank of America, N.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and BofA Securities, Inc., filed a Form 4 detailing changes in their beneficial ownership of Putnam Managed Municipal Income Trust (PMM) common stock.
- The reported transactions include both acquisitions and dispositions of PMM shares across various dates.
- These transactions were executed at prices ranging from $5.9712 to $8.0683 per share.
- The filing indicates that Bank of America Corporation holds an indirect interest in the securities through its ownership of the listed subsidiaries.
- The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
- The filing also includes a joint filing agreement among the reporting entities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership, which is common for entities holding more than 10% of a company's shares.
Key Dates
| Date | Description |
|---|---|
| 03/13/2013 | Earliest transaction date reported. |
| 04/23/2014 | Transactions involving the purchase and sale of common stock. |
| 01/15/2015 | Transactions involving the purchase and sale of common stock. |
| 04/10/2015 | Purchase of common stock. |
| 04/14/2015 | Sale of common stock. |
| 04/15/2015 | Purchase of common stock. |
| 04/17/2015 | Sale of common stock. |
| 06/18/2015 | Sale of common stock. |
| 06/25/2015 | Purchase of common stock. |
| 05/02/2016 | Sale of common stock. |
| 05/03/2016 | Purchase of common stock. |
| 09/21/2017 | Multiple purchases and sales of common stock. |
| 06/26/2019 | Purchase of common stock. |
| 06/27/2019 | Multiple sales of common stock. |
| 12/17/2019 | Purchase of common stock. |
| 12/18/2019 | Sale of common stock. |
| 04/13/2022 | Purchase and sale of common stock. |
| 08/23/2022 | Purchase of common stock. |
| 08/24/2022 | Multiple sales of common stock. |
| 12/13/2023 | Sale of common stock. |
| 12/15/2023 | Purchase of common stock. |
| 12/20/2024 | Date of Joint Filing Agreement. |
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