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RiverNorth Opportunistic Municipal Income Fund affiliate adds RMI shares

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)11/17/2025, the reporting person purchased 6,642 shares of common stock in an open market transaction at a price of $14.5367 per share, classified under transaction code "P" for a purchase. After this trade, the reporting person directly beneficially owns 69,867 shares of RMI common stock. This filing is a routine disclosure of insider share accumulation and does not describe any change to the fund’s operations or strategy.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RiverNorth Financial Holdings, LLC

(Last) (First) (Middle)
360 S. ROSEMARY AVE
SUITE 1420

(Street)
WEST PALM BEACH FL 33401

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RiverNorth Opportunistic Municipal Income Fund, Inc. [ RMI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Affiliate of the Adviser
3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/17/2025 11/17/2025 P 6,642 A $14.5367 69,867 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Marc Collins 11/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did RMI report on this Form 4?

The filing reports that an affiliate of the adviser to RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) purchased 6,642 shares of RMI common stock in a reported transaction.

On what date did the RMI insider purchase occur and at what price?

The insider transaction occurred on 11/17/2025, with 6,642 common shares purchased at a price of $14.5367 per share.

How many RMI shares does the reporting person own after the transaction?

Following the reported purchase, the insider directly beneficially owns 69,867 shares of RMI common stock.

What is the relationship of the reporting person to RMI?

The reporting person is listed as an affiliate of the adviser to RiverNorth Opportunistic Municipal Income Income Fund, Inc., rather than as a director or 10% owner.

Was this RMI Form 4 filed for multiple insiders or just one?

The Form 4 indicates it is filed by one reporting person, not a group filing.

What type of security was involved in the RMI insider trade?

The transaction involved common stock of RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI); no derivative securities are reported in the excerpt.

RiverNorth Opp Muni Income Fund Inc

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92.18M
6.37M
0.08%
23.64%
0.18%
Asset Management
Financial Services
United States
Chicago