Form 4: RiverNorth Flexible Municipal Income Fund Portfolio Manager Reports Transaction
SEC Form 4 Filing
Jonathan Paul Browne, a Portfolio Manager at RiverNorth Flexible Municipal Income Fund, reports a transaction involving the company's common stock.
Summary
- On April 10, 2025, Jonathan Paul Browne, a Portfolio Manager at RiverNorth Flexible Municipal Income Fund, engaged in a transaction involving the company's common stock.
- The transaction involved the acquisition of 750 shares at a price of $13.59 per share.
- Following the reported transaction, Browne directly disposed of 750 shares.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for individuals with insider access to publicly traded companies. They provide transparency into the transactions of company insiders, allowing the public to see how those with privileged information are trading their company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Date of transaction involving common stock |
| 04/11/2025 | Date of signature |
Keywords
Form 4, RiverNorth Flexible Municipal Income Fund, RFM, Jonathan Paul Browne, Portfolio Manager, Beneficial Ownership, Common Stock, Transaction
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