RMI adviser affiliate reports purchase; direct holding 41,505 shares
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund (RMI) reported an insider transaction. An affiliate of the adviser purchased 6,857 shares of common stock in an open-market buy on 11/04/2025 at a price of $14.69 per share. Following this transaction, the reporting person beneficially owns 41,505 shares, held directly.
This filing reflects a routine Form 4 disclosure of insider activity and updates the insider’s current holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,857 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
6,857 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,857 | $14.69 | $101K |
Holdings After Transaction:
Common Stock — 41,505 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did RMI report?
An affiliate of the adviser purchased 6,857 shares of RMI common stock in an open-market transaction.
When did the RMI insider transaction occur?
The transaction took place on 11/04/2025.
Is the ownership direct or indirect?
The ownership is reported as Direct (D).
What is the relationship of the reporting person to RMI?
The reporting person is an Affiliate of the Adviser to the fund.
What security was involved in the transaction?
Common Stock of RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI).