Aberdeen Municipal Income Fund (NYSE: MFM) director files insider update

Rhea-AI Filing Summary

Aberdeen Municipal Income Fund director James W. Kilman is identified in an insider ownership report that shows no reportable purchases, sales, gifts, derivative transactions, or holdings entries in the fund’s shares based on the transaction and holding summaries in this filing.

Key Figures

Reported share purchases: 0 shares Reported share sales: 0 shares Derivative transactions: 0 transactions

3 metrics

Reported share purchases 0 shares Buy transactions reported for this director in this insider filing

Reported share sales 0 shares Sell transactions reported for this director in this insider filing

Derivative transactions 0 transactions Total derivative-type transactions (options or similar) reported in this filing

Key Terms

Rule 10b5-1, trading plan, beneficial ownership

3 terms

Rule 10b5-1 regulatory

"Footnotes may reference Rule 10b5-1 trading plans or pre-arranged"

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.

trading plan regulatory

"Rule 10b5-1 trading plans or pre-arranged trading arrangements"

A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.

beneficial ownership financial

"Any disclaimers of beneficial ownership"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

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 - 10:18 AM Accepted by SEC EDGAR 08/05/2026 - 10:17 AM Learn about SEC filing dates

FAQ

What insider activity did MFM report for director James W. Kilman?

The filing reports no insider trading activity for James W. Kilman. Transaction counts for purchases, sales, gifts, and derivative trades all show zero, and there are no holding entries listed for Aberdeen Municipal Income Fund shares in this report.

Does the MFM insider filing show any stock purchases or sales?

No. The insider summary shows 0 shares bought and 0 shares sold. All transaction counters for buy and sell activity are zero, indicating no reportable open-market trades or similar share movements for Aberdeen Municipal Income Fund in this filing.

Are there any option or derivative transactions reported for MFM in this filing?

No derivative activity is reported. The derivative transaction count is 0, and the derivative positions summary is empty, indicating no option exercises, conversions, or other derivative-related movements associated with Aberdeen Municipal Income Fund in this Form 4 data.

What position does James W. Kilman hold at Aberdeen Municipal Income Fund (MFM)?

James W. Kilman is listed as a director of Aberdeen Municipal Income Fund. The reporting-person section marks him as a director, with no officer role or ten percent ownership status indicated in this insider reporting data set.

Is the MFM insider report associated with a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is marked false, meaning the filing does not affirm that reported trades are under a Rule 10b5-1 trading plan. Combined with zero transactions, there is no plan-related trading activity indicated here.

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^*

KILMAN JAMES W.

(Last) (First) (Middle)

111 HUNTINGTON AVENUE

(Street)

BOSTON MASSACHUSETTS 02199

(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)