RiverNorth Managed Duration Municipal Income Fund, Inc. (RMM) is a publicly traded company in the Unknown sector. Across all available filings, 8 corporate insiders have executed 34 transactions totaling $2.1M, demonstrating a bearish sentiment with -$20.5K in net insider flow. The most recent transaction on Apr 28, 2023 involved a transaction of 1,888.08 shares valued at $30.0K.
No significant insider buying has been recorded for RMM in the recent period.
No significant insider selling has been recorded for RMM in the recent period.
Based on recent SEC filings, insider sentiment for RMM is bearish with an Insider Alignment Score of 50/100 and a net flow of -$20.5K. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at RiverNorth Managed Duration Municipal Income Fund, Inc. (RMM) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 8 insiders are actively trading RMM stock, having executed 34 transactions in the past 90 days. The most active insider is Brian H. Schmucker (Executive), who has made 13 transactions totaling $878.8K.
Get notified when executives and directors at RMM file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Apr 28, 2023 | Bruckert Mougin Lisa | Executive | Award | 1,888.08 | $15.89 | $30.0K | |
| Nov 4, 2022 | W. Galley Patrick | Executive | Sale | 2,000 | $13.91 | $27.8K | |
| Oct 31, 2022 | W. Galley Patrick | Executive | Sale | 2,900 | $13.62 | $39.5K | |
| Oct 31, 2022 | W. Galley Patrick | Executive | Sale | 100 | $13.64 | $1.4K | |
| May 3, 2022 | J. Lawlor John | Executive | Sale | 1,000 | $15.80 | $15.8K | |
| Nov 22, 2021 | Wayne Hutchens John | Executive | Purchase | 1,500 | $19.74 | $29.6K | |
| Jun 17, 2021 | A. Dimella Robert | Executive | Sale | 9,330 | $20.29 | $189.3K | |
| Jun 16, 2021 | A. Dimella Robert | Executive | Sale | 5,269 | $20.34 | $107.2K | |
| Jun 15, 2021 | A. Dimella Robert | Executive | Sale | 1,264 | $20.35 | $25.7K | |
| Apr 19, 2021 | Andrew O'neill Stephen | Executive | Sale | 3,699 | $19.29 | $71.4K | |
| Apr 19, 2021 | Andrew O'neill Stephen | Executive | Sale | 1,500 | $19.28 | $28.9K | |
| Apr 1, 2021 | H. Schmucker Brian | Executive | Sale | 4,000 | $18.71 | $74.8K | |
| Mar 31, 2021 | H. Schmucker Brian | Executive | Sale | 25,000 | $18.64 | $466.0K | |
| Feb 26, 2021 | Wayne Hutchens John | Executive | Purchase | 1,500 | $17.90 | $26.9K | |
| May 21, 2020 | Dowden David | Executive | Purchase | 500 | $16.45 | $8.2K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 11 | $1.0M | 49.8% |
Purchase(P) | 22 | $1.0M | 48.8% |
Award(A) | 1 | $30.0K | 1.4% |
Insider activity at RiverNorth Managed Duration Municipal Income Fund, Inc. shows mixed signals across all time. While $1.0M in purchases indicates some executive confidence,$1.0M in sales balances the picture, resulting in a modest net flow of -$20.5K.8 insiders have been active, with no strong directional conviction evident in the aggregate data. The most active insider, Brian H. Schmucker, has transacted $878.8K during this period.