Clarence Otis Jr., Aberdeen Municipal Income Fund (MFM) insider update

Rhea-AI Filing Summary

Aberdeen Municipal Income Fund identifies Clarence Otis Jr. as a director-level reporting person for insider ownership purposes.

The insider data shows no equity or derivative transactions, no reported share balances, and an unchecked Rule 10b5-1 trading-plan box associated with this reporting person.

Key Terms

reporting person, ten percent owner, Rule 10b5-1

3 terms

reporting person regulatory

"The reportingPersons list designates the director as the reporting person"

ten percent owner regulatory

"The is_ten_percent_owner field is 0, meaning not a ten percent owner"

Rule 10b5-1 regulatory

"The aff_10b5_one field reflects the Rule 10b5-1 trading plan checkbox"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/05/2026 - 10:30 AM Accepted by SEC EDGAR 08/05/2026 - 10:29 AM Learn about SEC filing dates

FAQ

What does the latest MFM insider report show for Clarence Otis Jr.?

It identifies Clarence Otis Jr. as a director-level reporting person for Aberdeen Municipal Income Fund. The data provided lists no equity or derivative transactions, no reported share balances, and no Rule 10b5-1 trading plan election connected to him in this report.

Did Clarence Otis Jr. buy or sell Aberdeen Municipal Income Fund (MFM) shares in this report?

No. The insider dataset shows zero purchases, zero sales, and zero derivative exercises for Clarence Otis Jr. All transaction-type counts, including gifts and restructurings, are reported as zero, indicating no changes in beneficial ownership in this report.

What is Clarence Otis Jr.'s role at Aberdeen Municipal Income Fund (MFM)?

He is reported as a director of Aberdeen Municipal Income Fund. In the reportingPersons section, he is flagged as a director, not an officer and not a ten percent owner, clarifying his governance role and ownership status in relation to the fund.

Are any derivative securities reported for Clarence Otis Jr. in MFM?

No derivative positions are shown. The derivativeSummary section is empty and derivative transaction counts are zero, indicating that no options, warrants, or other derivative securities are reported for Clarence Otis Jr. in this insider ownership report.

Is a Rule 10b5-1 trading plan noted for this MFM insider report?

The Rule 10b5-1 checkbox is reported as unchecked. The aff_10b5_one field is false, meaning this report does not affirm that any activity was conducted under a Rule 10b5-1 trading plan; however, no transactions are shown in the data provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

OTIS CLARENCE JR

(Last) (First) (Middle)

1095 AVENUE OF THE AMERICAS

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ABERDEEN MUNICIPAL INCOME FUND [ MFM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	CHRISTOPHER R. BOHANE	08/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)