Form 4: BlackRock MuniAssets Fund: Portfolio Manager Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kevin Maloney, a Portfolio Manager at BlackRock MuniAssets Fund, reports a transaction involving phantom shares of common stock.
Summary
- On January 31, 2025, Kevin Maloney, a Portfolio Manager at BlackRock MuniAssets Fund, engaged in a transaction involving common stock.
- The transaction involved 36.3154 shares.
- Following the transaction, Maloney directly owns 0 shares of common stock.
- The transaction also involved phantom shares, which are the economic equivalent of one share of common stock and payable in cash upon vesting.
- The phantom shares were granted on January 31, 2023, and vest in equal installments over three years.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Industry Context
This filing is a routine disclosure required by the SEC for individuals holding significant positions within publicly traded companies, ensuring transparency in their trading activities.
Key Dates
| Date | Description |
|---|---|
| 01/31/2023 | Reporting Person was granted phantom shares payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date. |
| 01/31/2025 | Date of transaction involving common stock and phantom shares. |
| 02/02/2023 | Date of previously reported Form 4. |
| 02/04/2025 | Date of signature on the report. |
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