BANK OF AMERICA CORP /DE/ 4
4 · Nuveen Municipal Credit Opportunities Fund · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
NMCO — Bank of America / Merrill (10% Owner) Buys and Sells 1,400 Shares
What Happened
- Bank of America Corporation and its subsidiary Merrill Lynch (joint reporting persons; reported as a 10% owner) reported both a purchase and a sale of Nuveen Municipal Credit Opportunities Fund (NMCO) shares on 2026-02-17.
- They acquired 1,400 shares at $10.74 each (total $15,043) and disposed of 1,400 shares at $10.74 each (total $15,036). The two trades effectively offset one another (net difference ~$7).
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the typical two-business-day window).
- Price per share: $10.74.
- Shares purchased: 1,400 (open market/private purchase code P); shares sold: 1,400 (sale code S).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes:
- F1: Joint filing by Bank of America Corporation and Merrill Lynch; BofA holds an indirect interest via 100% ownership of Merrill Lynch.
- F2: Reporting persons disclaim being part of any group for purposes of Section 13(d).
- F3: Without conceding >10% owner status or Section 16 applicability, any short-swing profit potentially recoverable would be remitted to the issuer.
- No indication of option exercise, award, gift, or tax-withholding in this filing.
Context
- These entries were made by institutional reporting persons (Bank of America/Merrill), not an individual executive. Paired buy-and-sell transactions of equal size often leave beneficial ownership unchanged; this filing does not by itself indicate a change in management sentiment.
Insider Transaction Report
Form 4
BANK OF AMERICA CORP /DE/
10% Owner
Transactions
- Purchase
Common Stock
[F1][F2][F3]2026-02-17$10.74/sh+1,400$15,043→ 1,400 total(indirect: See Footnotes) - Sale
Common Stock
[F1][F2][F3]2026-02-17$10.74/sh−1,400$15,036→ 0 total(indirect: See Footnotes)
Footnotes (3)
- [F1]This statement is jointly filed by Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch") (collectively, the "Reporting Persons"). Bank of America Corporation holds an indirect interest in the securities listed in this Report by virtue of its 100% ownership of its subsidiary Merrill Lynch. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Securities Exchange Act of 1934 (the "Exchange Act"), or for any other purpose.
- [F2]Each Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the Exchange Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
- [F3]Without conceding its status as a greater than 10% beneficial owner or that the reported transactions are subject to disclosure under Section 16(a) of the Exchange Act or short-swing profit recovery under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that the Reporting Persons were greater than 10% beneficial owners and the transactions were subject to Section 16(b) will be remitted to the Issuer.