low
Buy
500 shares
$12,500
Significance
3/10
VP Diorio buys 500 shares of BlackRock 2037 Municipal Target Term Trust (BMN) at $25.00 on 2023-01-26
Jonathan Diorio, Vice President, purchased 500 shares of BMN at $25.00 on 2023-01-26, establishing an initial position in the closed-end fund. The current price of $25.21 is -1.4% from the 52-week high of $25.57, near the upper end of the 52-week range of $21.65–$25.57, suggesting the purchase was made near recent valuation peaks. The transaction represents a discrete first purchase by the insider with no prior shareholdings, though the limited transaction size ($12.5K) provides minimal direct signal about executive conviction.