Romaglino Christian 4

What Happened

• Director Christian Romaglino reported a disposition of 770.1207 shares of BlackRock Municipal Income Trust II (BLE) on Feb 9, 2026 (transaction code J: other acquisition/disposition). This was not an open-market sale but the result of a fund reorganization: BLE was reorganized into BlackRock MuniHoldings Fund, Inc., and Romaglino received 684 common shares of the acquiring fund (plus cash for any fractional share).
• Based on the reported NAVs as of Feb 6, 2026 (BLE NAV $11.4106; Acquiring Fund NAV $12.8419) the exchanged position was roughly worth ~$8.8k (approximate).

Key Details

• Transaction date: Feb 9, 2026; Form filed Feb 11, 2026 (appears timely).
• Reported action: Disposition of 770.1207 BLE shares (transaction code J — exchange due to reorganization); received 684 shares of BlackRock MuniHoldings Fund, Inc.; cash paid for fractional share(s).
• Conversion ratio cited: 0.88854453 (BLE → MuniHoldings).
• NAVs used for conversion (as of Feb 6, 2026): BLE $11.4106; MuniHoldings $12.8419.
• The filing reflects the in-kind reorganization exchange, not a market sale; no 10b5-1 plan, option exercise, or gift noted.

Context

• This filing documents a corporate fund reorganization where shareholders received shares of the successor fund (plus cash for fractions). Such transactions are administrative and do not necessarily indicate insider buying or selling sentiment in the open market.