[Form 4] RiverNorth Opportunistic Municipal Income Fund, Inc. Insider Trading Activity
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) disclosed an insider share purchase by an affiliate of its adviser. On 12/18/2025, the reporting person bought 5,058 shares of common stock in an open market transaction coded as "P" at a price of $14.4626 per share. After this transaction, the insider directly beneficially owned 80,513 shares of RMI common stock.
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FAQ
What insider transaction did RiverNorth Opportunistic Municipal Income Fund (RMI) report?
The company reported that an affiliate of its adviser purchased 5,058 shares of RMI common stock in a transaction dated 12/18/2025.
At what price were the RMI shares purchased in this insider transaction?
The insider purchased the common stock at a price of $14.4626 per share.
How many RMI shares does the insider own after this reported transaction?
Following the transaction, the reporting person directly beneficially owned 80,513 shares of RiverNorth Opportunistic Municipal Income Fund, Inc. common stock.
What is the relationship of the reporting person to RiverNorth Opportunistic Municipal Income Fund (RMI)?
The filing identifies the reporting person as an affiliate of the adviser to RiverNorth Opportunistic Municipal Income Fund, Inc.
What type of security was involved in this RMI insider transaction?
The transaction involved common stock of RiverNorth Opportunistic Municipal Income Fund, Inc.
How is the ownership of the RMI shares classified for the reporting person?
The 80,513 shares reported after the transaction are held with direct ownership, as indicated in the filing.
Was this RMI insider transaction classified as a purchase or a sale?
The transaction code is "P", indicating that it was a purchase of common stock.