RiverNorth (RMI) Form 4: 4,138-share purchase at $14.74
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 Trade Summary
Net Buyer: 4,138 shares
Net Buy
1 txn
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.
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.
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.