Brian H. Schmucker, Insider at RiverNorth Managed Duration Municipal Income Fund, Inc. (RMM), bought 4,000 shares at $13.79 ($55K) on 2020-03-23, disclosed to the SEC on 2020-03-25.
Open-market purchase of $55k RMM by Insider. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.79 | 2,000 | $28K | 50.0% |
| 2 | $13.80 | 2,000 | $28K | 50.0% |
| Total | $13.79 avg | 4,000 | $55K | 100% |
| Filing → |
| RIV | SELL | 2021-04-06 | $789K | — | Filing → |
| RMM | BUY | 2020-03-19 | $151K | — | Filing → |
| OPP | SELL | 2020-03-16 | $82K | — | Filing → |