Fairbairn Robert W 4
Research Summary
AI-generated summary
MYN Director Robert W. Fairbairn Buys 49,025 Shares
What Happened
- Robert W. Fairbairn, a director of BlackRock MuniYield New York Quality Fund, Inc. (MYN), purchased 49,025 shares in an open-market transaction on 2026-02-27.
- The shares were acquired at $10.15 per share for a total transaction value of approximately $497,565. This was a purchase (insider buy).
Key Details
- Transaction date and price: 2026-02-27 — 49,025 shares at $10.15 each (open market, code P).
- Total value: ~ $497,565.
- Shares owned after transaction: Not specified in the provided filing excerpt (see the full Form 4 for total holdings).
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes were reported in the provided data.
- Filing date: Form filed 2026-03-03. No late-filing flag was indicated in the provided information.
Context
- Purchases by directors can be interpreted as a positive signal since they involve insiders adding to holdings, but this note is factual — it does not assign motive.
- This filing reports a straightforward open-market purchase by a director (not an option exercise, gift, or tax withholding).