Form 4: RiverNorth Flexible Municipal Income Fund II, Inc.: Portfolio Manager Reports Transaction in RMMZ

Jonathan Paul Browne, a Portfolio Manager at RiverNorth Flexible Municipal Income Fund II, Inc., reports a transaction involving the company's common stock on April 10, 2025.

Summary

• On April 10, 2025, Jonathan Paul Browne, a Portfolio Manager at RiverNorth Flexible Municipal Income Fund II, Inc. (RMMZ), engaged in a transaction involving the company's common stock.
• Browne acquired 725 shares of common stock at a price of $13.94 per share.
• Following the reported transaction, Browne directly owns 725 shares of RiverNorth Flexible Municipal Income Fund II, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the actions of a key company insider.

Key Dates

Keywords

Form 4, RMMZ, RiverNorth Flexible Municipal Income Fund II, Inc., Jonathan Paul Browne, Portfolio Manager, Insider Trading, Beneficial Ownership, Common Stock, Transaction