STOCK TITAN

RiverNorth (RMI) Form 4: 4,138-share purchase at $14.74

(Neutral)
(Positive)
Form Type
4

Rhea-AI Filing Summary

RiverNorth Opportunistic Municipal Income Fund (RMI): insider transaction reported. A person identified as an affiliate of the adviser reported purchasing 4,138 shares of common stock on 10/15/2025 at a price of $14.74 per share.

Following this purchase, the reporting person beneficially owned 6,281 shares, held directly. The filing was made by one reporting person and reflects a routine Form 4 disclosure of a non-derivative equity transaction.

Positive

  • None.

Negative

  • None.
Insider RiverNorth Financial Holdings, LLC
Role Insider
Bought 4,138 shs ($61K)
Type Security Shares Price Value
Purchase Common Stock 4,138 $14.74 $61K
Holdings After Transaction: Common Stock — 6,281 shares (Direct)

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did RMI's Form 4 disclose?

It disclosed a purchase of 4,138 common shares at $14.74 on 10/15/2025 by a person affiliated with the adviser.

How many RMI shares does the reporting person now own?

The reporting person beneficially owns 6,281 shares following the transaction.

Was this a direct or indirect ownership in RMI?

The filing lists direct (D) ownership for the reported shares.

What is the relationship of the reporting person to RMI?

The reporting person is marked as Other: Affiliate of the Adviser.

What was the transaction type in RMI's Form 4?

Transaction code P, indicating a purchase of common stock.

When did the RMI transaction occur?

The earliest transaction date reported was 10/15/2025.
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*
RiverNorth Financial Holdings, LLC

(Last) (First) (Middle)
360 S. ROSEMARY AVE
SUITE 1420

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RiverNorth Opportunistic Municipal Income Fund, Inc. [ RMI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Affiliate of the Adviser
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025
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 10/15/2025 10/15/2025 P 4,138 A $14.74 6,281 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
Explanation of Responses:
/s/ Marc Collins 10/16/2025
** 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.