Harris Stayce D. 4

4 · BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC. · Filed Feb 11, 2026

AI-generated summary of this filing

Updated Feb 11, 2026

BlackRock MuniHoldings (MUC) Director Stayce D. Harris Acquires 11 Shares

What Happened

Stayce D. Harris, a director of BlackRock MuniHoldings California Quality Fund, Inc. (MUC), was credited with 11 common shares on February 9, 2026. The Form 4 lists the transaction as an "other acquisition or disposition" (code J) and does not report a trade price or dollar value.
This was not an open-market purchase but the result of a fund reorganization: Harris surrendered 10.7715 shares of the predecessor fund (BlackRock California Municipal Income Trust) and received 11 shares of the acquiring fund (plus cash for any fractional share).

Key Details

Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (appears filed within the typical two-business-day window).
Transaction code: J (Other acquisition/disposition); reported as an acquisition of 11 shares.
Shares owned after the transaction: not disclosed on the filing.
Reorganization specifics (footnote): conversion ratio 1.02530147; NAVs as of Feb 6, 2026 — Target Fund $12.0395, Acquiring Fund $11.7424. Implied value of 11 shares ≈ $129.17 based on the Acquiring Fund NAV, but the filing lists value as N/A.
No indication of option exercise, compensation award, gift, or 10b5-1 plan — this was a routine fund conversion.

Context

This transaction reflects a structural reorganization of one BlackRock fund into another and represents a share conversion for existing shareholders, not a market buy or sale by the insider. Such conversions are routine and generally do not convey management trading intent.
Because the reported amount/value is minimal and was produced by the reorganization process, it should not be read as a bullish or bearish signal from the director.

Form 4

Period: 2026-02-09

Director

Transactions

Footnotes (1)

[F1]Effective as of February 9, 2026 BlackRock California Municipal Income Trust (the "Target Fund") was reorganized into BlackRock MuniHoldings California Quality Fund, Inc. (the "Acquiring Fund"). In the reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on February 6, 2026, less the costs of the reorganization. As of February 6, 2026, the Target Fund reported a NAV per share of $12.0395 and the Acquiring Fund reported a NAV per share of $11.7424. The conversion ratio for the Target Fund's common shares was 1.02530147. In the reorganization, Stayce D. Harris received 11 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for her 10.7715 common shares of the Target Fund

Signature

/s/ Gladys Chang as Attorney-in-Fact|2026-02-11

1 file