RFMZ · Insider Trading

RiverNorth Flexible Municipal Income Fund II, Inc.

Every open-market purchase and sale reported by RFMZ officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
40
most recent
Open-Market Buys
17
code P
Sales
8
code S
Reporting Insiders
3
current holders
RFMZ — Recent Form 4 Transactions (latest 2025-12-04)
FiledInsiderRole TypeSharesValue
2025-12-04 RiverNorth Financial Holdings, LLC — Buy +5,856 +$74.75K
2025-12-03 RiverNorth Financial Holdings, LLC — Buy +8,177 +$103.58K
2025-12-01 Robert A Dimella — Sell −0 −$0
2025-11-24 Robert A Dimella — Sell −10,061 −$128.64K
2025-07-21 Stephen Andrew O'Neill — Buy +5,000 +$62.85K
2025-07-21 Stephen Andrew O'Neill — Buy +5,000 +$63.02K
2025-07-17 Stephen Andrew O'Neill — Buy +1,500 +$19.06K
2025-07-17 Stephen Andrew O'Neill — Buy +8,500 +$107.90K
2025-04-11 Jonathan Paul Browne — Buy +725 +$10.11K
2024-11-27 RIVERNORTH CAPITAL MANAGEMENT, LLC — J −170,683 —
2024-05-13 Scott Sprauer — Sell −2,000 −$27.80K
2023-12-28 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +22,545 +$298.44K
2023-12-22 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +17,662 +$235.19K
2023-12-21 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +34,843 +$465.85K
2023-12-18 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +5,659 +$75.83K
2023-12-15 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +11,631 +$155.04K
2023-12-11 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +14,290 +$191.48K
2023-08-30 Scott Sprauer — Sell −2,000 −$27.05K
2023-06-12 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +5,236 +$70.81K
2023-06-05 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +5,880 +$78.32K
2023-05-26 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +8,403 +$110.90K
2023-05-24 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +16,806 +$224.02K
2023-05-12 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +6,116 +$82.08K
2023-05-10 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +15,397 +$206.10K
2023-05-02 RIVERNORTH CAPITAL MANAGEMENT, LLC — A +1,185 +$15.74K
2022-10-04 Patrick W. Galley President Buy +7,000 +$95.16K
2022-10-03 Patrick W. Galley President Buy +2,000 +$26.52K
2022-09-30 Patrick W. Galley President Buy +2,000 +$27.15K
2022-05-06 Patrick W. Galley President Buy +10,000 +$146.47K
2022-05-04 Stephen Andrew O'Neill — A +10,000 +$151.30K
2022-04-13 Robert A Dimella — Buy +10,000 +$158.50K
2022-04-13 Scott Sprauer — Buy +2,000 +$31.76K
2022-04-05 Scott Sprauer — Buy +2,000 +$33.06K
2021-11-26 John Wayne Hutchens Director Buy +1,600 +$32.07K
2021-05-27 John Wayne Hutchens Director Buy +2,400 +$48.50K
2021-04-06 RIVERNORTH CAPITAL MANAGEMENT, LLC — Sell −3,600 −$80.42K
2021-03-30 RIVERNORTH CAPITAL MANAGEMENT, LLC — Sell −2,200 −$48.99K
2021-03-26 RIVERNORTH CAPITAL MANAGEMENT, LLC — Sell −1,385 −$30.76K
2021-03-24 RIVERNORTH CAPITAL MANAGEMENT, LLC — Sell −3,325 −$73.77K
2021-02-26 John S. Oakes Director Buy +500 +$10.00K
RFMZ — Current Insider Holders
InsiderRole Shares HeldValue
Stephen Andrew O'Neill — 24,065 $287.94K
RiverNorth Financial Holdings, LLC — 10,242 $122.55K
Jonathan Paul Browne — 725 $8.67K
RFMZ Insider Trading FAQ
Who are the insiders at RFMZ?
3 officers, directors and 10%+ beneficial owners currently report holdings in RFMZ via SEC Form 4.
Are RFMZ insiders buying or selling?
Across the 40 most recent Form 4 filings for RFMZ, 17 were open-market purchases (code P) and 8 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is RFMZ insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent RFMZ filing is dated 2025-12-04.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the RFMZ quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.