RiverNorth (RMI) insider purchase: 3,041 shares; total 9,322
Rhea-AI Filing Summary
RiverNorth Opportunistic Municipal Income Fund (RMI): Form 4 insider transaction
On 10/16/2025, reporting person Marc Collins, identified as an Affiliate of the Adviser, reported a purchase of 3,041 shares of RMI common stock at a price of $14.6888 per share. Following this transaction, Collins beneficially owns 9,322 shares, held in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,041 shares
Net Buy
1 txn
Insider
RiverNorth Financial Holdings, LLC
Role
Insider
Bought
3,041 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,041 | $14.6888 | $45K |
Holdings After Transaction:
Common Stock — 9,322 shares (Direct)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did RMI insider report on Form 4?
A purchase of 3,041 RMI common shares at $14.6888 per share on 10/16/2025.
Who is the reporting person in RMI’s Form 4?
The Form 4 is signed by /s/ Marc Collins, noted as an Affiliate of the Adviser.
What was the nature of the transaction reported for RMI?
It was a purchase (Code P) of common stock.
Is the ownership direct or indirect after the transaction?
The filing lists ownership as Direct (D).
What is the issuer’s full name and ticker?
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI).