HUBBARD ROBERT GLENN 4

What Happened
Glenn R. Hubbard, a director of BlackRock MuniYield New York Quality Fund, Inc. (MYN), received 908 common shares of the Acquiring Fund effective February 9, 2026. This was not an open-market purchase or sale but an exchange in a reorganization: Hubbard surrendered 889 common shares of the Target Fund (BlackRock New York Municipal Income Trust) and received 908 shares of the Acquiring Fund. The Form 4 shows the transaction code J (other acquisition/disposition) and lists price as N/A. Based on the reported NAVs (Target Fund NAV $11.1056; Acquiring Fund NAV $10.8726 as of Feb 6, 2026), the exchanged position is approximately $9,872 in value.

Key Details

• Transaction date: February 9, 2026 (effective date of reorganization). Form filed Feb 11, 2026.
• Transaction type/code: Other acquisition (Code J) — fund reorganization exchange, not a market trade. Price listed as N/A.
• Shares received: 908 common shares of the Acquiring Fund in exchange for 889 Target Fund shares (conversion ratio 1.02143002).
• Shares owned after transaction: 908 common shares reported (of the Acquiring Fund).
• Footnote: Reorganization terms — shareholders received Acquiring Fund shares equal in value to Target Fund shares surrendered (less reorg costs); cash paid for any fractional shares.
• Filing timeliness: Report filed two days after the effective date (within the typical 2-business-day Form 4 window).

Context
This was a corporate reorganization swap, not a buy or sale in the open market. Such exchanges reflect structural changes (merger/reorg) and do not by themselves indicate insider buying or selling sentiment. The transaction code J simply denotes an “other” acquisition/disposition category used here for the fund conversion.