RiverNorth Flexible Municipal Income Fund (RFM) insider Rivernorth Capital Management sold 2,200 shares for $52.9K at $24.05
Insider transactions reported
Rivernorth Capital Management, Llc (insider at RiverNorth Flexible Municipal Income Fund Inc., RFM) reported that they sold 2,200 shares for $52.9K at $24.05 on Sep 15, 2021. After these transactions the filing shows 128,195 shares held directly.
- Reporting person
- Rivernorth Capital Management, Llc
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 15, 2021 | Open-market sale (S) | Common Stock | -2,200 | $24.05 | $52.9K | 128,195 direct |
Holdings before and after
- Common Stock: 130,395 to 128,195 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 $52.9K at $24.05 on Sep 15, 2021. After these transactions the filing shows 128,195 shares held directly.
How many RFM shares does Rivernorth Capital Management hold after this filing?
The filing shows 128,195 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
- Sep 15, 2021SEC Form 4: Rivernorth Capital Management, Llc sold $53,042 worth of Common Stock (2,200 units at $24.11), decreasing direct ownership by 2% to 130,395 units
- Sep 14, 2021SEC Form 4: Rivernorth Capital Management, Llc sold $52,932 worth of Common Stock (2,200 units at $24.06), decreasing direct ownership by 2% to 132,595 units
- Sep 8, 2021SEC Form 4: Rivernorth Capital Management, Llc sold $52,778 worth of Common Stock (2,200 units at $23.99), decreasing direct ownership by 2% to 134,795 units
- Sep 7, 2021SEC Form 4: Rivernorth Capital Management, Llc sold $52,668 worth of Common Stock (2,200 units at $23.94), decreasing direct ownership by 2% to 136,995 units
- Sep 3, 2021SEC Form 4: Rivernorth Capital Management, Llc sold $99,076 worth of Common Stock (4,123 units at $24.03), decreasing direct ownership by 3% to 139,195 units
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Finance/Investors Services
- Listed since
- 2020
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