Form 4: BlackRock MuniYield Quality Fund II, Inc.: 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 disposition of common stock and phantom shares in BlackRock MuniYield Quality Fund II, Inc.
Summary
- Walter O'Connor, a Portfolio Manager at BlackRock MuniYield Quality Fund II, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On January 31, 2025, O'Connor acquired 167.4303 shares of common stock and disposed of 167.4303 shares.
- The disposition of common stock was priced at $10.18 per share.
- O'Connor also acquired 601.6699 phantom shares and disposed of 167.4303 phantom shares on the same date.
- These phantom shares are the economic equivalent of one share of common stock and are payable in cash upon vesting.
- The phantom shares vest in equal installments over three years from the grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company insiders. It is standard practice for individuals in positions of responsibility to report their dealings in the company's securities.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/02/2024 | Previous Form 4 filing regarding phantom shares grant. |
| 01/31/2024 | Date of phantom shares grant, vesting in equal installments on each of the first three anniversaries of the grant date. |
| 01/31/2025 | Date of reported transactions: acquisition and disposition of common stock and phantom shares. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Phantom Shares, Common Stock, BlackRock MuniYield Quality Fund II, MQT, Walter O'Connor, Portfolio Manager
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