Form 4: BlackRock MuniAssets Fund Portfolio Manager Walter O'Connor Reports Transactions in Common Stock and Phantom Shares
SEC Form 4 Filing
Portfolio Manager Walter O'Connor reports acquisition and disposal of common stock and phantom shares in BlackRock MuniAssets Fund, Inc.
Summary
- On January 31, 2025, Walter O'Connor, a Portfolio Manager at BlackRock MuniAssets Fund, Inc., reported transactions involving common stock and phantom shares.
- O'Connor acquired 309.1886 shares of common stock.
- O'Connor disposed of 309.1886 shares of common stock at a price of $11.05.
- O'Connor acquired 554.2986 phantom shares.
- O'Connor disposed of 157.8343 phantom shares related to a grant from January 31, 2024.
- O'Connor disposed of 151.3543 phantom shares related to a grant from January 31, 2023.
- The phantom shares vest in equal installments on the first three anniversaries of the award date and are payable in cash.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions without expressing any positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's securities.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key employee.
Key Dates
| Date | Description |
|---|---|
| 2023-01-31 | Date of previous phantom share grant, vesting in equal installments over three years. |
| 2024-01-31 | Date of previous phantom share grant, vesting in equal installments over three years. |
| 2025-01-31 | Date of reported transactions: acquisition and disposal of common stock and phantom shares. |
| 2025-02-02 | Dates of previous Form 4 filings. |
| 2025-02-04 | Date of signature for the report. |
Keywords
Form 4, BlackRock MuniAssets Fund, Walter O'Connor, Portfolio Manager, Common Stock, Phantom Shares, Beneficial Ownership, Transaction
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