RiverNorth (RMI) Form 4: 2,891-share buy on 10/21/2025
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund (RMI) reported a Section 16 transaction by a reporting person affiliated with the adviser. On 10/21/2025, the filer purchased 2,891 shares of common stock at $14.60 per share (transaction code P). Following the trade, the filer beneficially owned 19,145 shares, held directly.
The filing notes the relationship as “Other — Affiliate of the Adviser” and indicates the form was filed by one reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,891 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
2,891 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,891 | $14.60 | $42K |
Holdings After Transaction:
Common Stock — 19,145 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did RMI report on Form 4?
A reporting person affiliated with the adviser purchased 2,891 common shares of RMI at $14.60 on 10/21/2025.
Was the RMI Form 4 filed by multiple people?
No. It was filed by one reporting person.
What is the filer’s relationship to RMI?
The filer is listed as Other — Affiliate of the Adviser.
Is the ownership direct or indirect after the transaction?
The shares are held directly.