RiverNorth (RMI) Form 4 shows 4,138-share buy at $14.6222
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) reported an insider transaction on a Form 4. A reporting person identified as an affiliate of the adviser purchased 4,138 shares of common stock on 10/17/2025 at a price of $14.6222 per share (transaction code: P).
Following this purchase, the reporting person beneficially owns 13,460 shares with direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,138 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
4,138 shs ($61K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,138 | $14.6222 | $61K |
Holdings After Transaction:
Common Stock — 13,460 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did RMI disclose?
A reporting person affiliated with the adviser purchased 4,138 common shares.
When did the RMI insider transaction occur?
The transaction date was 10/17/2025.
What is the relationship of the reporting person to RMI?
The individual is marked as Other, specified as an affiliate of the adviser.
Which form reported this transaction?
The transaction was disclosed on Form 4.