RMI adviser affiliate purchased 3,664 shares; total now 56,210
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) disclosed an insider purchase. On 11/13/2025, an affiliate of the adviser bought 3,664 shares of Common Stock at $14.6014 per share under transaction code P. Following the trade, the reporting person beneficially owns 56,210 shares with direct ownership. The filing was made by one reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,664 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
3,664 shs ($53K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,664 | $14.6014 | $53K |
Holdings After Transaction:
Common Stock — 56,210 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did RiverNorth (RMI) disclose in this Form 4?
An affiliate of the adviser purchased 3,664 shares of Common Stock on 11/13/2025.
What is the relationship of the reporting person to RMI?
The reporting person is an affiliate of the adviser.
What was the transaction code on the Form 4?
Transaction code P, indicating an open-market purchase.
Was the ownership direct or indirect after the trade?
The Form 4 lists Direct (D) ownership.
Was the Form 4 filed by one or multiple reporting persons?
It was filed by one reporting person.