PMM (Franklin Managed Municipal Income Trust)

Insider Trading Activity

Every open-market purchase and sale reported by PMM officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

Form 4 Filings
50
most recent
Open-Market Buys
14
code P
Sales
4
code S
Reporting Insiders
23
current holders
PMM — Recent Form 4 Transactions (latest 2026-07-20)
FiledInsiderRole TypeSharesValue
2026-07-20 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED
2025-01-14 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED
2024-12-20 BANK OF AMERICA NA 10%+ Owner MIXED
2023-07-11 Aaron M Cooper EVP & Chief Operating Officer Buy
2023-07-10 Aaron M Cooper EVP & Chief Operating Officer Buy
2023-07-07 Aaron M Cooper EVP & Chief Operating Officer Buy
2023-06-06 Manoj P Singh Director Buy
2022-12-02 Mona Sutphen Director Buy
2022-10-12 Marie Pillai Director Buy
2019-02-06 Catharine B Hill Director Buy
2013-01-08 Liaquat Ahamed Director Buy
2012-12-06 Katinka Domotorffy Director Buy
2012-01-12 ELIZABETH T KENNAN Director Buy
2011-05-13 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED
2011-05-03 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED
2011-03-21 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED
2011-01-11 Robert L Reynolds President and CEO Buy
2010-09-14 DANIEL STEPHANE CHOQUETTE Mng. Dir. of Putnam, issuer's Sell
2010-09-10 DANIEL STEPHANE CHOQUETTE Mng. Dir. of Putnam, issuer's Sell
2010-07-02 BARBARA M BAUMANN Director Buy
2010-03-05 DANIEL STEPHANE CHOQUETTE MD of Putnam, issuer's Buy
2009-07-02 W THOMAS STEPHENS Director J
2009-07-02 Ravi Akhoury Director J
2008-04-04 ROBERT J DARRETTA Director Buy
2008-02-22 PAUL L JOSKOW Director J
2008-02-22 JOHN A HILL Director J
2008-02-22 ELIZABETH T KENNAN Director J
2008-02-22 JAMESON A BAXTER Director J
2008-02-22 GEORGE PUTNAM III Director J
2008-02-22 ROBERT E PATTERSON Director J
2008-02-22 Kenneth R Leibler Director J
2008-02-22 W THOMAS STEPHENS Director J
2008-02-22 CHARLES E HALDEMAN Director J
2008-02-22 Myra R Drucker Director J
2008-02-22 RICHARD B WORLEY Director J
2008-02-22 B CHARLES CURTIS Director J
2008-02-21 JAMESON A BAXTER Director J
2008-02-21 PAUL L JOSKOW Director J
2008-02-21 CHARLES E HALDEMAN Director J
2008-02-21 B CHARLES CURTIS Director J
2008-02-21 RICHARD B WORLEY Director J
2008-02-21 JOHN A HILL Director J
2008-02-21 W THOMAS STEPHENS Director J
2008-02-21 ELIZABETH T KENNAN Director J
2008-02-21 Kenneth R Leibler Director J
2008-02-21 GEORGE PUTNAM III Director J
2008-02-21 Myra R Drucker Director J
2008-02-21 ROBERT E PATTERSON Director J
2007-10-04 JOHN A HILL Director Sell
2007-03-28 JAMESON A BAXTER Trustee of Putnam Funds Sell
PMM — Current Insider Holders
InsiderRole Shares HeldValue
EVP & Chief Operating Officer 33,424
Director 3,815
Director 929
Director 587
Trustee of Putnam Funds 425
Director 256
Director 230
Director 219
Director 208
Director 195
Director 195
Director 172
Director 171
Director 149
Director 100
Director 100
Director 100
President and CEO 100
Director 100
Director 100
Director 100
Director 100
Director 100
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the PMM quote page; the site-wide leaderboard is on the insider transactions hub.