PMM · Insider Trading

Franklin Managed Municipal Income Trust

Full PMM quote
Iron condor setupsExpected moveIV rank historyFibonacci levelsInsider trading

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.

Form 4 Filings
50
most recent
Open-Market Buys
14
code P
Sales
4
code S
Reporting Insiders
0
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 — +$4
2025-01-14 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED — +$663
2024-12-20 BANK OF AMERICA NA 10%+ Owner MIXED −17,576 −$133.15K
2023-07-11 Aaron M Cooper EVP & Chief Operating Officer Buy +7,991 +$48.52K
2023-07-10 Aaron M Cooper EVP & Chief Operating Officer Buy +16,703 +$99.89K
2023-07-07 Aaron M Cooper EVP & Chief Operating Officer Buy +8,728 +$51.59K
2023-06-06 Manoj P Singh Director Buy +171 +$1.00K
2022-12-02 Mona Sutphen Director Buy +149 +$994
2022-10-12 Marie Pillai Director Buy +172 +$1.00K
2019-02-06 Catharine B Hill Director Buy +100 +$715
2013-01-08 Liaquat Ahamed Director Buy +100 +$841
2012-12-06 Katinka Domotorffy Director Buy +100 +$829
2012-01-12 Elizabeth T Kennan Director Buy +100 +$749
2011-05-13 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED — +$12
2011-05-03 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED — +$36
2011-03-21 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 10%+ Owner MIXED — −$214
2011-01-11 Robert L Reynolds President and CEO Buy +100 +$687
2010-09-14 Daniel Stephane Choquette Mng. Dir. of Putnam, issuer's Sell −0 −$8
2010-09-10 Daniel Stephane Choquette Mng. Dir. of Putnam, issuer's Sell −7,459 −$58.43K
2010-07-02 Barbara M Baumann Director Buy +100 +$731
2010-03-05 Daniel Stephane Choquette MD of Putnam, issuer's Buy +7,200 +$50.04K
2009-07-02 W Thomas Stephens Director J +100 +$588
2009-07-02 Ravi Akhoury Director J +100 +$588
2008-04-04 Robert J Darretta Director Buy +100 +$698
2008-02-22 Paul L Joskow Director J +95 +$747
2008-02-22 John A Hill Director J +124 +$977
2008-02-22 Elizabeth T Kennan Director J +192 +$1.51K
2008-02-22 Jameson A Baxter Director J +203 +$1.60K
2008-02-22 George Putnam III Director J +2,015 +$15.84K
2008-02-22 Robert E Patterson Director J +287 +$2.26K
2008-02-22 Kenneth R Leibler Director J +95 +$747
2008-02-22 W Thomas Stephens Director J +95 +$747
2008-02-22 Charles E Haldeman Director J +479 +$3.76K
2008-02-22 Myra R Drucker Director J +107 +$841
2008-02-22 Richard B Worley Director J +102 +$802
2008-02-22 B Charles Curtis Director J +112 +$882
2008-02-21 Jameson A Baxter Director J +203 +$1.60K
2008-02-21 Paul L Joskow Director J +95 +$747
2008-02-21 Charles E Haldeman Director J +479 +$3.76K
2008-02-21 B Charles Curtis Director J +112 +$882
2008-02-21 Richard B Worley Director J +102 +$802
2008-02-21 John A Hill Director J +124 +$977
2008-02-21 W Thomas Stephens Director J +95 +$747
2008-02-21 Elizabeth T Kennan Director J +192 +$1.51K
2008-02-21 Kenneth R Leibler Director J +95 +$747
2008-02-21 George Putnam III Director J +2,015 +$15.84K
2008-02-21 Myra R Drucker Director J +107 +$841
2008-02-21 Robert E Patterson Director J +287 +$2.26K
2007-10-04 John A Hill Director Sell −100 −$733
2007-03-28 Jameson A Baxter Trustee of Putnam Funds Sell −0 −$2
PMM Insider Trading FAQ
Who are the insiders at PMM?
No current Form 4 beneficial owners are on file for PMM.
Are PMM insiders buying or selling?
Across the 50 most recent Form 4 filings for PMM, 14 were open-market purchases (code P) and 4 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is PMM insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent PMM filing is dated 2026-07-20.
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.

More on PMM
PMM full quote Insider Transactions Hub (all symbols) PMM iron condor setups PMM expected move PMM IV rank history PMM Fibonacci levels

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