RMBI director buys 1,500 shares in open market

Richmond Mutual Bancorporation director E. Michael Blum reported an open-market purchase of 1,500 shares of Common Stock at $14.355 per share.

Accepted by SEC EDGAR 06/01/2026 - 04:29 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Richmond Mutual Bancorporation director E. Michael Blum reported an open-market purchase of 1,500 shares of Common Stock at $14.355 per share. After this transaction, he directly holds 44,185 Common shares.

He also holds a fully exercisable right to buy 36,580 additional Common shares at an exercise price of $10.53 per share, which is scheduled to expire on October 1, 2030.

Insider Trade Summary

Net Buyer: 1,500 shares

Net Buy 1 txn

Insider Blum E. Michael

Role Director

Bought 1,500 shs ($22K)

Increase in Position 3.5%

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,500	$14.355	$22K
Holding	Common Stock (right to buy)	--	--	--

Holdings After Transaction: Common Stock — 44,185 shares (Direct); Common Stock (right to buy) — 36,580 contracts (Direct)

Holdings Before and After: Common Stock, 42,685 to 44,185 shares (Direct)

Footnotes (1)

1. F1. Fully exercisable.

Key Figures

Open-market purchase: 1,500 shares at $14.355 Shares held after purchase: 44,185 shares Option exercise price: $10.53 per share +2 more

5 metrics

Open-market purchase 1,500 shares at $14.355 Common Stock bought on 2026-06-01

Shares held after purchase 44,185 shares Direct Common Stock ownership following transaction

Option exercise price $10.53 per share Common Stock (right to buy) exercise price

Underlying option shares 36,580 shares Common Stock underlying fully exercisable right to buy

Option expiration October 1, 2030 Expiration date of Common Stock right to buy

Key Terms

open-market purchase, Common Stock (right to buy), exercise price, expiration date

4 terms

open-market purchase financial

"Purchase in open market or private transaction"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Common Stock (right to buy) financial

"security_title: Common Stock (right to buy)"

exercise price financial

"exercise price of $10.53 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

expiration date financial

"expiration date of October 1, 2030"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

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

What insider transaction did RMBI director E. Michael Blum report?

Director E. Michael Blum reported buying 1,500 shares of Richmond Mutual Bancorporation Common Stock in an open-market transaction. The shares were purchased at a price of $14.355 per share, increasing his directly held Common Stock position.

How many RMBI shares does E. Michael Blum hold after this Form 4?

After the reported transaction, E. Michael Blum directly holds 44,185 shares of Richmond Mutual Bancorporation Common Stock. This reflects the addition of 1,500 shares purchased in the open market on the reported transaction date.

At what price did E. Michael Blum buy RMBI shares in this filing?

E. Michael Blum bought 1,500 Richmond Mutual Bancorporation Common Stock shares at $14.355 per share. The filing characterizes this as an open-market or private purchase, indicating an active acquisition rather than an automatic grant or tax-related withholding.

What derivative position does E. Michael Blum hold in RMBI stock?

He holds a fully exercisable derivative right to buy 36,580 shares of Richmond Mutual Bancorporation Common Stock. This right has an exercise price of $10.53 per share and carries an expiration date of October 1, 2030, according to the filing.

Is E. Michael Blum’s RMBI option award currently exercisable?

Yes. The filing notes the Common Stock right to buy is fully exercisable. It covers 36,580 underlying Common shares at a $10.53 exercise price and is scheduled to expire on October 1, 2030, giving him a long-dated option position.

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

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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^*

Blum E. Michael

(Last) (First) (Middle)

RICHMOND MUTUAL BANCORPORATION, INC.

31 N. 9TH STREET

(Street)

RICHMOND INDIANA 47374

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Richmond Mutual Bancorporation, Inc. [ RMBI ]

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)
06/01/2026

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
Common Stock	06/01/2026		P		1,500	A	$14.355	44,185	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Stock (right to buy)	$10.53							(1)	10/01/2030	Common Stock	36,580		36,580	D

Explanation of Responses:

1. Fully exercisable.

Remarks:

	/s/ Garry D. Kleer, Attorney-in-Fact	06/01/2026
	** 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)