RMI - Rivernorth Opportunistic Municipal Income Fund, Inc.
Insider Purchase by Rivernorth Financial Holdings, LLC (Affiliate of the Adviser)
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Trade Summary
7 months ago, Rivernorth Financial Holdings, LLC, serving as Affiliate of the Adviser at Rivernorth Opportunistic Municipal Income Fund, Inc. (RMI), purchased 4,138 shares at $14.62 per share, for a total transaction value of $60,507.00. Following this transaction, Rivernorth Financial Holdings, LLC now holds 13,460 shares of RMI.
This purchase represents a 44.00% increase in Rivernorth Financial Holdings, LLC's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, October 17, 2025 and publicly disclosed via SEC Form 4 filing on Monday, October 20, 2025 at 6:21 PM ET, 3 days after the trade was made.
Rivernorth Opportunistic Municipal Income Fund, Inc. operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$14.62
Quantity
4,138
Total Value
$60,507.00
Shares Owned
13,460
Trade Date
218 days ago
SEC Filing Date
at 6:21 PM ET
Filed 3 days after trade
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