Prospectus by Investment Company (Form 497)

SUPPLEMENT DATED MAY 1, 2026

To The Prospectuses Dated:

MAY 1, 1998- PRIME PLAN IV

MAY 1, 1993- PRIME PLAN I, PRIME PLAN II, and PRIME PLAN III

APRIL 30, 1991- PRIME PLAN 7, PRIME PLAN INVESTOR, and DIRECTED LIFE 2

JANUARY 2, 1991- PRIME PLAN V, PRIME PLAN VI, and DIRECTED LIFE

Issued through

ML of New York Variable Life Separate Account

By

Transamerica Financial Life Insurance Company

The following information hereby supplements or amends, and to the extent is inconsistent replaces, certain information contained in your prospectus.

INVESTMENT OPTIONS

To view investment options and other product documents, please go to following website:

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This Supplement updates certain information in the above referenced prospectuses (the ''Prospectuses''). Except as indicated in this Supplement, all other information included in the Prospectuses remain unchanged. The terms and section headings we use in this Supplement have the same meaning as in the Prospectuses. We will send you another copy of the applicable Prospectus or any supplement without charge upon request.

For additional information, you may contact us at the Service Center at (800) 354-5333 or write to: Transamerica Service Center at P.O. Box 19100, Greenville, SC 29602-9100.

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This Supplement must be accompanied or preceded by the current Prospectus.

Please read this Supplement carefully and retain it for future reference.