RiverNorth Financial Holdings, LLC - SEC Form 4 Insider Trading Activity
Summary
Updated Aug 4, 2026
RiverNorth Financial Holdings, LLC is a corporate entity tracked by InsiderAlpha. No SEC Form 4 filings recorded in the last 90 days. Lifetime open-market purchases: $1.86M. Historical track record: 1/5 stars across 6 tracked purchases.
Profile
RiverNorth Financial Holdings, LLC is a corporate entity that reports beneficial ownership of shares in RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) and 2 other companies under U.S. securities law. It has submitted 34 SEC insider filings since 2025, most recently in December 2025.
| Filer type | Company |
|---|---|
| Role | Insider |
| Notability | 20/100 |
Board memberships
- RiverNorth Flexible Municipal Income Fund II, Inc.
- RiverNorth Flexible Municipal Income Fund, Inc.
- RiverNorth Opportunistic Municipal Income Fund, Inc.
Track Record
InsiderAlpha computes a forward-return-based score for every insider with enough Form 4 purchase history. The metrics below reflect realised performance after each tracked open-market purchase.
| InsiderAlpha rating | ★☆☆☆☆ (1/5) |
|---|---|
| Total purchases tracked | 6 |
| Purchases with forward-return data | 6 |
| 30-day win rate | 17% |
| 90-day win rate | 50% |
| Avg 5-day return | -0.12% |
| Avg 30-day return | -0.67% |
| Avg 90-day return | +0.26% |
| Best 30-day return | +0.10% |
Trading Pattern
InsiderAlpha's records for RiverNorth Financial Holdings, LLC go back to 2025: 34 primary Form 4 filings, an average of 17.0 per year. The typical open-market purchase is $46K (40 buys totaling $1.86M). The largest single buy on record is $104K of RFMZ in 2025. No transaction on record carries a Rule 10b5-1 flag - the filings look discretionary rather than pre-scheduled, which makes their timing more informative as a signal.
Career & Filing History
Every role RiverNorth Financial Holdings, LLC has reported on a Form 4, reconstructed from the filings themselves - reporting insiders must state their relationship to the issuer (officer title, director seat, or 10% ownership) on every filing.
- Insider at RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) - 2 filings, 2025
- Insider at RiverNorth Flexible Municipal Income Fund, Inc. (RFM) - 14 filings, 2025
- Insider at RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) - 18 filings, 2025
Recent Transactions
| Date | Ticker | Company | Code | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2025-12-04 | RFMZ | RiverNorth Flexible Municipal Income Fund II, Inc. | P - Open-market purchase | 3.8K | $12.78 | $48K |
| 2025-12-04 | RFMZ | RiverNorth Flexible Municipal Income Fund II, Inc. | P - Open-market purchase | 2.1K | $12.74 | $26K |
| 2025-12-03 | RFMZ | RiverNorth Flexible Municipal Income Fund II, Inc. | P - Open-market purchase | 8.2K | $12.67 | $104K |
| 2025-11-28 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 175 | $14.07 | $2K |
| 2025-11-26 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 2.7K | $14.05 | $38K |
| 2025-11-25 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 4.9K | $14.06 | $69K |
| 2025-11-25 | RMI | RiverNorth Opportunistic Municipal Income Fund, Inc. | P - Open-market purchase | 5.6K | $14.48 | $80K |
| 2025-11-18 | RMI | RiverNorth Opportunistic Municipal Income Fund, Inc. | P - Open-market purchase | 6.6K | $14.54 | $97K |
| 2025-11-17 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 4.3K | $14.37 | $62K |
| 2025-11-17 | RMI | RiverNorth Opportunistic Municipal Income Fund, Inc. | P - Open-market purchase | 7.0K | $14.50 | $102K |
| 2025-11-14 | RMI | RiverNorth Opportunistic Municipal Income Fund, Inc. | P - Open-market purchase | 3.7K | $14.60 | $53K |
| 2025-11-12 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 1.2K | $14.42 | $18K |
| 2025-11-12 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 4.3K | $14.31 | $62K |
| 2025-11-12 | RMI | RiverNorth Opportunistic Municipal Income Fund, Inc. | P - Open-market purchase | 1.7K | $14.65 | $24K |
| 2025-11-12 | RMI | RiverNorth Opportunistic Municipal Income Fund, Inc. | P - Open-market purchase | 1.3K | $14.54 | $19K |
| 2025-11-10 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 4.3K | $14.32 | $61K |
| 2025-11-10 | RMI | RiverNorth Opportunistic Municipal Income Fund, Inc. | P - Open-market purchase | 6.9K | $14.51 | $99K |
| 2025-11-06 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 2.2K | $14.45 | $31K |
| 2025-11-06 | RMI | RiverNorth Opportunistic Municipal Income Fund, Inc. | P - Open-market purchase | 1.2K | $14.67 | $18K |
| 2025-11-05 | RFM | RiverNorth Flexible Municipal Income Fund, Inc. | P - Open-market purchase | 4.3K | $14.40 | $61K |
Most Active Insiders Right Now
RiverNorth Financial Holdings, LLC has no recent co-filers at the same companies, so here are the insiders with the largest open-market activity across the market in the last 90 days.
- MetLife Investment Management, LLC - $1600000.00B of FINS open-market activity in the last 90 days
- Magnetar Financial LLC - $16357.48B of CRWV open-market activity in the last 90 days
- Marianne Okland - $18.46B of STNG open-market activity in the last 90 days
- VisionWave Holdings, Inc. - $14.13B of SVRE open-market activity in the last 90 days
- Vanessa Allen Sutherland - $7.44B of PSX open-market activity in the last 90 days
- AI Alpine (Luxembourg) S.a.r.l. - $2.69B of INIO open-market activity in the last 90 days
More Notable Insiders
Other corporate insiders with significant SEC Form 4 track records on InsiderAlpha:
- Saul B. Rosenthal
- Jack Ross
- Martine A. Rothblatt
- Saba Capital Management, L.P.
- Nicholas S. Schorsch
- Trygve Seglem
- Lawrence B. Seidman
- Thomas J. Shaw
Frequently Asked Questions
What is RiverNorth Financial Holdings, LLC?
RiverNorth Financial Holdings, LLC is a corporate entity that reports beneficial ownership of shares in RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) and 2 other companies under U.S. securities law. It has submitted 34 SEC insider filings since 2025, most recently in December 2025.…
Has RiverNorth Financial Holdings, LLC been buying or selling stock?
Recorded transactions: 40 open-market purchases ($1.86M) and 0 open-market sales across all tracked filings.
How accurate is RiverNorth Financial Holdings, LLC's historical track record?
Across 6 tracked purchases, RiverNorth Financial Holdings, LLC averaged -0.7% avg 30-day return with a 17% 30-day win rate. InsiderAlpha rates the track record at 1/5 stars.
Where can I see all of RiverNorth Financial Holdings, LLC's SEC filings?
All Form 4 filings, transaction values, and 10b5-1 plan flags are listed on this page and updated in real time as new SEC EDGAR filings are processed.
Learn More
Open the live RiverNorth Financial Holdings, LLC profile on InsiderAlpha for real-time alerts, AI-scored trade ideas, and full transaction history.