RMI Form 4: Adviser affiliate purchase of 2,794 shares at $14.60
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) reported insider activity on a Form 4. An affiliate of the adviser purchased 2,794 shares of common stock at $14.60 on October 20, 2025. Following the transaction, the reporting person directly owned 16,254 shares. The filing was made by one reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,794 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
2,794 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,794 | $14.60 | $41K |
Holdings After Transaction:
Common Stock — 16,254 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did the RMI insider report on Form 4?
A purchase of 2,794 shares of common stock at $14.60 on October 20, 2025.
What is the relationship of the reporting person to RMI?
The filer is an affiliate of the adviser to the fund.
Was the RMI Form 4 filed by multiple reporting persons?
No. It was filed by one reporting person.
What type of security was involved in the RMI transaction?
Common Stock.
What was the transaction code on the RMI Form 4?
The code was P, indicating a purchase.