Form 4: RiverNorth Capital & Income Fund Director Acquires and Disposes of Shares
SEC Form 4
Patrick W. Galley, Chief Executive Officer and Director of RiverNorth Capital & Income Fund, reports acquiring and disposing of common stock on April 26, 2024.
Summary
- On April 26, 2024, Patrick W. Galley, Chief Executive Officer and Director of RiverNorth Capital & Income Fund, engaged in transactions involving the company's common stock.
- Galley acquired 68,414 shares at a price of $15.04 per share.
- Galley also disposed of 237,061 shares.
- Following these transactions, Galley directly owns 237,061 shares of RiverNorth Capital & Income Fund.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions may influence investor perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of stock acquisition and disposal. |
| 04/29/2024 | Date of signature on the report. |
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