December 17, 2025 · Form 4 insider transaction
JPMorgan Chase Bank, N.A. sold 240 shares of NAC, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 28 days after the transaction.
The 240 variable rate muni term preferred shares reported as disposed of in Table I represent Series 5 Variable Rate Demand Preferred Shares (the "VRDP Shares") beneficially owned by JPMorgan Chase Bank, National Association ("JPMCB"). The VRDPShares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,153.39725 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $153.39725 per share).