OPP insider buys 30 shares at $8.2644; total now 6,178
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) disclosed a Form 4 showing a portfolio manager purchased 30 common shares at $8.2644 on 10/17/2025.
Sentiment and the balance of points
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Rhea-AI Filing Summary
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) disclosed a Form 4 showing a portfolio manager purchased 30 common shares at $8.2644 on 10/17/2025.
After this transaction, the reporting person beneficially owned 6,178 shares, held directly. The filing classifies the transaction under code P (open‑market or private purchase).
Insights
Small insider purchase; no thesis change.
The filing records a code P purchase of 30 common shares at $8.2644 on 10/17/2025. Post-transaction beneficial ownership stands at 6,178 shares, held directly. This is a routine insider trade disclosure.
Such a small transaction typically does not affect fund strategy, distributions, or leverage policies. Actual market impact is minimal and depends on broader trading activity, not this single purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 30 | $8.2644 | $247.93 |
FAQ
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What insider transaction did OPP disclose on Form 4?
What was the transaction code on the OPP Form 4?
What security was involved in the OPP insider trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.