Morris Sonya 4

What Happened
Sonya Morris, a director of PIMCO Municipal Income Fund II (ticker: PML), acquired 5,000 shares on 2026-03-25. The Form 4 lists the transaction as a purchase (code P) at $7.48 per share, for a total reported cost of $37,390. A purchase is a direct acquisition of stock (often seen as a more informative signal than a sale), though it does not by itself indicate broader company or fund performance.

Key Details

• Transaction date: 2026-03-25; filing date: 2026-03-27 (Form 4 accession 0002084606-26-000009). Filing appears timely under the two-business-day Form 4 rule.
• Transaction type/code: Open market or private purchase (P).
• Price and size: 5,000 shares at $7.48 per share; total $37,390.
• Shares owned after transaction: Not specified in the provided filing.
• Remarks/Exhibits: Exhibit 24 — Power of Attorney listed. No 10b5-1 plan, tax withholding, or other footnotes were reported in the supplied details.

Context
This is a straightforward insider purchase by a director. The dollar amount ($37k) is modest relative to institutional holdings and mutual/closed-end fund asset sizes, so it may reflect routine accumulation rather than a major change in insider exposure. For retail investors, director purchases are worth noting but should be considered alongside other filings, fund performance, and broader portfolio and market factors.