RiverNorth Opportunistic Municipal Income Fund, Inc. Insider Trading Activity
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) disclosed an insider share purchase by an affiliate of its adviser.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,058 | $14.4626 | $73K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.