RiverNorth (RMI) Form 4 shows 1,226-share buy; total 42,731
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund (RMI) reported an insider transaction on a Form 4. An individual affiliated with the adviser purchased 1,226 shares of common stock on 11/05/2025 at $14.6665 per share (Transaction Code: P). After this trade, the filer beneficially owned 42,731 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,226 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
1,226 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,226 | $14.6665 | $18K |
Holdings After Transaction:
Common Stock — 42,731 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity was reported for RMI?
A Form 4 reports a purchase of 1,226 common shares on 11/05/2025 at $14.6665 per share.
What was the transaction code on the Form 4 for RMI?
The filing lists Transaction Code P, indicating a purchase.
Was the ownership marked as direct or indirect?
The ownership form is marked Direct (D).
What is the filer’s relationship to RiverNorth Opportunistic Municipal Income Fund (RMI)?
The filer is identified as an Affiliate of the Adviser.
What is the security involved in the RMI Form 4?
The security is common stock of RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI).