RMI insider purchase: 4,277 shares acquired; holdings 23,422
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund (RMI) reported an insider transaction on Form 4. An affiliate of the Adviser purchased 4,277 shares of common stock on 10/22/2025 at $14.45 per share (transaction code P). After this trade, the reporting person beneficially owns 23,422 shares, held directly. The filing was made by one reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,277 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
4,277 shs ($62K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,277 | $14.45 | $62K |
Holdings After Transaction:
Common Stock — 23,422 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did RMI disclose on this Form 4?
An affiliate of the Adviser purchased 4,277 RMI common shares on 10/22/2025 at $14.45 per share (code P).
Was the ownership listed as direct or indirect?
The filing shows Direct (D) ownership.
What is the relationship of the reporting person to RMI?
The reporting person is marked as Other — Affiliate of the Adviser.
What was the exact transaction price and code?
Price was $14.45 per share, transaction code P (open market or private purchase).
When did the transaction occur and when was it signed?
The transaction date is 10/22/2025, and the form was signed on 10/23/2025.