Welcome to our dedicated page for RiverNorth Flexible Municipal Income II SEC filings (Ticker: RFMZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
rivernorth is an investment management firm founded in 2000 that specializes in opportunistic strategies in niche markets where the potential to exploit inefficiencies is greatest. rivernorth is the investment manager to multiple registered and private funds. disclosure: rivernorth.com/linkedinRiverNorth Flexible Municipal Income Fund II, Inc. reported insider share purchases by an affiliate of its adviser. The filing shows two acquisitions of common stock by one reporting person. On 12/03/2025, the insider acquired 2,065 shares at a price of $12.7387 per share, bringing beneficial ownership to 10,242 shares held directly. On 12/04/2025, the insider acquired an additional 3,791 shares at $12.78 per share, after which beneficial ownership is reported as 14,033 shares held directly. The form indicates the filer is an affiliate of the fund’s adviser and that the report is filed by one reporting person.
RiverNorth Flexible Municipal Income Fund II, Inc. reported an insider purchase by an affiliate of its adviser. On 12/02/2025, the reporting person bought 8,177 shares of common stock at $12.6667 per share, as shown in Table I. After this transaction, the reporting person beneficially owned 8,177 common shares in direct ownership.
RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) reported an insider transaction by portfolio manager and reporting person Robert A. DiMella. On 11/25/2025, he reported a sale of 0.0125 shares of common stock at a price of $12.73 per share. Following this very small transaction, the filing shows he beneficially owns 0 shares of the fund’s common stock.
The Form 4 is filed for one reporting person and identifies his relationship to the fund as a portfolio manager and “Other” insider, with the form signed by an attorney-in-fact on his behalf.
RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ)11/20/2025, he reported a sale of 10,061 shares of RFMZ common stock in an open-market transaction at a reported price of $12.786 per share. The shares were sold in multiple trades that day, with prices ranging from $12.7793 to $12.8200. The filing notes that full details on the number of shares sold at each individual price level are available upon request by regulators, the issuer, or its security holders.
RiverNorth Financial Holdings, LLC filed an initial Form 3 reporting its relationship to RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) on 09/18/2025. The filer identifies itself as an affiliate of the adviser and an officer (checked), and the filing shows 0 common shares beneficially owned, reported as direct (D). The document is signed by Marc Collins. No derivative securities, ownership amounts, or additional explanatory detail are included in the filing.
Insider activity: On 17 Jul 2025 Portfolio Manager Steve O’Neill purchased three open-market lots totaling 5,000 common shares of RiverNorth Flexible Municipal Income Fund II (RFMZ) at an average price of $12.60, raising his direct holding to 25,000 shares (≈ $63 k value). This Form 4/A amends the 18 Jul 2025 submission only to correct the issuer name; share data remain unchanged.
- Transaction code: P (purchase); no derivatives reported
- Ownership form: Direct
- Insider role: Officer—Portfolio Manager
While modest relative to the fund’s float, continual insider buying often signals management confidence and helps align interests with shareholders.
RiverNorth Flexible Municipal Income Fund II (RFMZ) filed a Form 4 disclosing insider activity by Portfolio Manager Stephen A. O'Neill.
- On 07/18/2025 he purchased 5,000 common shares in two open-market transactions at an average price of $12.57 per share (prices: $12.5691 & $12.57).
- O'Neill's direct ownership rose to 30,000 shares after the trades, up from 25,000.
- No shares were sold and no derivative transactions were reported.
The filing signals incremental insider confidence but involves a relatively small dollar amount (~$62.9 k).
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