RiverNorth Flexible Municipal Income Fund (RFM) insider Rivernorth Capital Management sold 2,200 shares for $51.7K at $23.52
Insider transactions reported
Rivernorth Capital Management, Llc (insider at RiverNorth Flexible Municipal Income Fund Inc., RFM) reported that they sold 2,200 shares for $51.7K at $23.52 on May 12, 2021. After these transactions the filing shows 197,384 shares held directly.
- Reporting person
- Rivernorth Capital Management, Llc
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 12, 2021 | Open-market sale (S) | Common Stock | -2,200 | $23.52 | $51.7K | 197,384 direct |
Holdings before and after
- Common Stock: 199,584 to 197,384 direct
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did Rivernorth Capital Management report in this RFM Form 4?
Rivernorth Capital Management, Llc (insider at RiverNorth Flexible Municipal Income Fund Inc., RFM) reported that they sold 2,200 shares for $51.7K at $23.52 on May 12, 2021. After these transactions the filing shows 197,384 shares held directly.
How many RFM shares does Rivernorth Capital Management hold after this filing?
The filing shows 197,384 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this RFM insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for RFM
Earlier insider filings at RFM
- May 11, 2021SEC Form 4: RIVERNORTH CAPITAL MANAGEMENT, LLC sold $103,730 worth of Common Stock (4,400 units at $23.57), decreasing direct ownership by 7% to 199,584 units
- May 5, 2021SEC Form 4: RIVERNORTH CAPITAL MANAGEMENT, LLC sold $11,475 worth of Common Stock (500 units at $22.95), decreasing direct ownership by 0.23% to 213,984 units
- May 3, 2021SEC Form 4: RIVERNORTH CAPITAL MANAGEMENT, LLC sold $70,680 worth of Common Stock (3,100 units at $22.80), decreasing direct ownership by 1% to 214,484 units
- Apr 28, 2021SEC Form 4: RIVERNORTH CAPITAL MANAGEMENT, LLC sold $82,080 worth of Common Stock (3,600 units at $22.80), decreasing direct ownership by 2% to 217,584 units
- Apr 15, 2021SEC Form 4: RIVERNORTH CAPITAL MANAGEMENT, LLC sold $43,396 worth of Common Stock (1,900 units at $22.84), decreasing direct ownership by 0.85% to 221,184 units
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Finance/Investors Services
- Listed since
- 2020
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