Michael Yee, listed as portfolio manager for Virtus Equity & Convertible Income Fund (NYSE:NIE), filed an amended Form 4/A on August 26, 2026, correcting details of a sale transaction originally reported on August 18, 2026.

Key Highlights

  • Amendment purpose: The filing amends the original to correct the transaction code from "D" to "S" and to correct the number of shares sold from 4,505.168 to 4,605.1684.
  • Transaction date: The sale occurred on August 10, 2026.
  • Shares disposed: 4,605.1684 shares of Virtus Equity & Convertible Income Fund were sold (disposed, code S).
  • Sale price: $26.55 per share, according to the filing.
  • Resulting ownership: The reporting person held 0 shares directly following the transaction.
  • Reporting person role: Michael Yee is identified as "PM" (portfolio manager), not a director or officer.

Correction Details in Michael Yee's Amended Ownership Report for NIE

According to the amended filing, Michael Yee, whose address is listed as 600 West Broadway, Suite 2900, San Diego, California 92101, filed this Form 4/A to correct two specific errors in the original Form 4 filed on August 18, 2026. The filing's remarks state: "Amending to correct transaction Code from D to S and to correct number of shares sold from 4505.168 to 4605.1684."

The corrected transaction, dated August 10, 2026, reflects the disposal of 4,605.1684 shares of Virtus Equity & Convertible Income Fund at a price of $26.55 per share, with a transaction code of "S," indicating a sale. The filing reports that, following this transaction, Yee held 0 shares directly in the fund. No derivative securities were reported in Table II of the filing.

The form was signed by Brenda DeBlasio on August 26, 2026. Yee's relationship to the issuer is designated as "Other," with "PM" specified, indicating a portfolio manager role rather than a directorship or named officer position. The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940.

What Was Disclosed

The amended Form 4/A corrects the transaction code and share count for a sale of 4,605.1684 shares of Virtus Equity & Convertible Income Fund at $26.55 per share on August 10, 2026, resulting in zero direct beneficial ownership for reporting person Michael Yee.