RiverNorth/DoubleLine director sells 505 pref shares

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. director David Swanson reported an open-market sale of 505 shares of Preferred Stock on May 26, 2026 at $16.69 per share.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. director David Swanson reported an open-market sale of 505 shares of Preferred Stock on May 26, 2026 at $16.69 per share. After this transaction, he directly holds 885 preferred shares, indicating he retained a meaningful remaining position.

Insider Trade Summary

Net Seller: 505 shares

Net Sell 1 txn

Insider Swanson David

Role Director

Sold 505 shs ($8K)

Type	Security	Shares	Price	Value
Sale	Preferred Stock	505	$16.69	$8K

Holdings After Transaction: Preferred Stock — 885 shares (Direct)

Key Figures

Shares sold: 505 shares Sale price per share: $16.69 per share Shares held after transaction: 885 shares +2 more

5 metrics

Shares sold 505 shares Preferred Stock sold on May 26, 2026

Sale price per share $16.69 per share Open-market sale of Preferred Stock

Shares held after transaction 885 shares Post-transaction Preferred Stock holdings

Transaction code S Sale in open market or private transaction

Net share direction -505 shares Net-sell across reported transactions

Key Terms

Preferred Stock, open-market sale, Form 4, transaction code “S”, +1 more

5 terms

Preferred Stock financial

"reported an open-market sale of 505 shares of Preferred Stock on May 26, 2026"

Preferred stock is a type of ownership in a company that typically offers investors higher and more consistent dividend payments than common stock. Unlike regular shares, preferred stock usually doesn’t come with voting rights but provides a priority claim on the company’s assets and profits, making it a more stable and predictable investment option. This makes preferred stock attractive to those seeking steady income with lower risk.

open-market sale financial

"reported an open-market sale of 505 shares of Preferred Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"according to the Form 4 filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code “S” regulatory

"The filing uses transaction code “S” and labels it an open-market or private sale"

non-derivative financial

"indicating the reported activity relates solely to non-derivative Preferred Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did RiverNorth/DoubleLine (OPP) director David Swanson report in this Form 4?

Director David Swanson reported an open-market sale of 505 shares of Preferred Stock. The transaction occurred on May 26, 2026, and was executed at a price of $16.69 per share, according to the Form 4 filing.

How many RiverNorth/DoubleLine (OPP) preferred shares did David Swanson sell and at what price?

He sold 505 shares of RiverNorth/DoubleLine Strategic Opportunity Fund Preferred Stock. The reported sale price was $16.69 per share, reflecting an open-market transaction disclosed in the Form 4 filing for May 26, 2026.

How many RiverNorth/DoubleLine (OPP) preferred shares does David Swanson hold after the sale?

Following the transaction, David Swanson directly holds 885 shares of Preferred Stock. This post-transaction balance is disclosed in the Form 4 and shows his remaining direct ownership after selling 505 shares on May 26, 2026.

Was the RiverNorth/DoubleLine (OPP) Form 4 transaction an open-market sale?

Yes, the Form 4 describes the transaction as an open-market sale. The filing uses transaction code “S” and labels it an open-market or private sale, with 505 Preferred Stock shares sold at $16.69 per share on May 26, 2026.

Does the RiverNorth/DoubleLine (OPP) Form 4 show any derivative securities for David Swanson?

No derivative securities are listed for David Swanson in this Form 4. The derivativeSummary section is empty, indicating the reported activity relates solely to non-derivative Preferred Stock rather than options, warrants, or other derivative instruments.

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Accepted by SEC EDGAR 06/23/2026 - 11:02 AM EDT

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

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^*

Swanson David

(Last)

(First)

(Middle)

325 N. LASALLE ST.

SUITE 645

(Street)

CHICAGO

ILLINOIS

60654

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. [ OPP.A ]

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)
05/26/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Preferred Stock	05/26/2026	05/26/2026	S		505	D	$16.69	885	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/ Marc Collins	06/23/2026
	** 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)

Source: View Original Filing on SEC EDGAR