Richmond Mutual Bancorporation (RMBI) executive buys 212.7936 shares

Rhea-AI Filing Summary

Richmond Mutual Bancorporation, Inc. Market President (West Ohio) William A. Daily Jr. bought 212.7936 shares of common stock in an open-market purchase at $14.10 per share.

After this trade, he directly owns 844.5901 common shares and holds rights to buy 25,000 shares that vest in five equal annual installments commencing on June 30, 2026.

Insights

Equity compensation and insider-trading analyst

Routine open-market insider purchase with additional vesting equity rights.

Market President (West Ohio) William A. Daily Jr. acquired 212.7936 Richmond Mutual Bancorporation common shares in an open-market purchase at $14.10 per share. This increases his directly held stake to 844.5901 common shares, a relatively small position in absolute terms.

He also holds rights to buy 25,000 common shares, which vest in five equal annual installments beginning on June 30, 2026. These rights represent a longer-term equity incentive and will only become exercisable over time as the vesting milestones are reached.

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^*

Daily William A. Jr.

(Last) (First) (Middle)

RICHMOND MUTUAL BANCORPORATION, INC.

31 NORTH 9TH STREET

(Street)

RICHMOND IN 47374

(City) (State) (Zip)

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

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Market President (West Ohio)

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/19/2026		P		212.7936	A	$14.1	844.5901	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)	$13.37							(1)	07/15/2035	Common Stock	25,000		25,000	D

Explanation of Responses:

1. Vests in five equal annual installments commencing on June 30, 2026.

Remarks:

	/s/ Bradley M. Glover, Attorney-in-Fact	02/20/2026
	** 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.

FAQ

What insider transaction did RMBI executive William A. Daily Jr. report?

William A. Daily Jr., Market President (West Ohio) at Richmond Mutual Bancorporation, Inc. (RMBI), reported buying 212.7936 common shares in an open-market transaction at $14.10 per share. This is a direct ownership purchase rather than a derivative or option exercise.

How many RMBI shares does William A. Daily Jr. own after the reported trade?

After the reported insider purchase, William A. Daily Jr. directly owns 844.5901 shares of Richmond Mutual Bancorporation common stock. This figure reflects his updated direct non-derivative holdings following the acquisition of 212.7936 shares in the open-market transaction at $14.10 per share.

At what price did William A. Daily Jr. buy RMBI common stock?

William A. Daily Jr. purchased Richmond Mutual Bancorporation common stock at $14.10 per share. The transaction covered 212.7936 shares in an open-market purchase, as reported in his Form 4 insider filing, and increased his direct ownership to 844.5901 common shares.

What equity awards or rights to buy RMBI shares does William A. Daily Jr. hold?

In addition to his common shares, William A. Daily Jr. holds rights to buy 25,000 RMBI common shares. According to the disclosure, these rights vest in five equal annual installments commencing on June 30, 2026, providing a multi-year equity incentive opportunity.

Is the reported RMBI insider transaction a buy or a sale?

The reported Richmond Mutual Bancorporation insider transaction is a buy. William A. Daily Jr. executed an open-market purchase of 212.7936 common shares at $14.10 per share, with no sales reported in this Form 4 filing.