Trade Summary

2 months ago, Rivernorth Financial Holdings, LLC, serving as Affiliate of the Adviser at Rivernorth Flexible Municipal Income Fund, Inc. (RFM), purchased 3,352 shares at $14.30 per share, for a total transaction value of $47,926.00. Following this transaction, Rivernorth Financial Holdings, LLC now holds 7,715 shares of RFM.

This purchase represents a 77.00% 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 Wednesday, October 22, 2025 and publicly disclosed via SEC Form 4 filing on Thursday, October 23, 2025, 1 day after the trade was made.

Rivernorth Flexible 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.