RMI affiliate of adviser reports open-market buys; 34,648 shares held
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund (RMI) reported insider purchases by a reporting person affiliated with the adviser. The filer bought 1,032 shares at $14.6599 on 10/31/2025 and 1,640 shares at $14.65 on 11/03/2025. Following these trades, direct beneficial ownership rose to 34,648 shares.
The filing indicates the form was submitted by one reporting person and lists ownership as direct. No derivative securities were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,672 shares
Net Buy
2 txns
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
2,672 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,640 | $14.65 | $24K |
| Purchase | Common Stock | 1,032 | $14.6599 | $15K |
Holdings After Transaction:
Common Stock — 34,648 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did RMI disclose?
A reporting person affiliated with the adviser purchased 1,032 shares at $14.6599 on 10/31/2025 and 1,640 shares at $14.65 on 11/03/2025.
What is the relationship of the reporting person to RMI?
The filer is marked as Other — Affiliate of the Adviser.
Was this Form 4 filed by multiple people?
No. It indicates Form filed by One Reporting Person.
Were any derivative securities reported for RMI?
No. Table II shows no derivative securities reported.
Who signed the Form 4 for RMI (RMI)?
The signature line shows /s/ Marc Collins dated 11/03/2025.