RiverNorth Opportunistic Municipal Income Fund (RMI) insider reports stock purchase
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund, Inc. insider affiliated with the adviser reported buying additional common shares. On 12/22/2025, the reporting person purchased 3,941 shares of common stock at a price of $14.47 per share.
After this transaction, the insider directly beneficially owned 84,454 shares of the fund’s common stock. The filing was made on Form 4 by a single reporting person identified as an affiliate of the adviser, reflecting a routine update of insider holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,941 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
3,941 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,941 | $14.47 | $57K |
Holdings After Transaction:
Common Stock — 84,454 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RiverNorth Opportunistic Municipal Income Fund (RMI) report?
An insider affiliated with the adviser reported buying 3,941 shares of common stock on 12/22/2025 at $14.47 per share.
What is the relationship of the reporting person to RiverNorth Opportunistic Municipal Income Fund (RMI)?
The reporting person is listed as an affiliate of the adviser to RiverNorth Opportunistic Municipal Income Fund, Inc., rather than a director or officer.
What type of SEC form was filed for this RiverNorth Opportunistic Municipal Income Fund (RMI) transaction?
The transaction was disclosed on a Form 4, which reports changes in the beneficial ownership of a company’s securities by insiders.
Was the RiverNorth Opportunistic Municipal Income Fund (RMI) insider transaction in common or derivative securities?
The reported transaction involved common stock only, and the table for derivative securities showed no entries.
On what date was the earliest reported transaction for this RiverNorth Opportunistic Municipal Income Fund (RMI) Form 4?
The earliest transaction date reported was 12/22/2025.