RMM · Insider Trading

RiverNorth Managed Duration Municipal Income Fund, Inc.

Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Every open-market purchase and sale reported by RMM 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

most recent

Open-Market Buys

code P

Sales

code S

Reporting Insiders

current holders

RMM — Recent Form 4 Transactions (latest 2025-04-11)

Filed	Insider	Role	Type	Shares	Value
2025-04-11	Jonathan Paul Browne	—	Buy	+800	+$10.43K
2025-04-10	Patrick W. Galley	President	Buy	+6,000	+$78.90K
2025-04-10	Patrick W. Galley	President	Buy	+4,000	+$52.56K
2025-04-09	Patrick W. Galley	President	Buy	−6,000	−$78.90K
2024-11-27	RIVERNORTH CAPITAL MANAGEMENT, LLC	—	J	−5,000	—
2023-04-28	Lisa Bruckert Mougin	Director	A	+1,888	+$30.00K
2022-11-07	Patrick W. Galley	President	Sell	−2,000	−$27.82K
2022-11-01	Patrick W. Galley	President	Sell	−3,000	−$40.86K
2022-05-05	John J Lawlor	—	Sell	−1,000	−$15.80K
2022-02-15	Patrick W. Galley	President	Buy	+5,000	+$93.75K
2021-11-24	John Wayne Hutchens	Director	Buy	+1,500	+$29.60K
2021-06-17	Robert A Dimella	—	Sell	−15,863	−$322.19K
2021-04-21	Stephen Andrew O'Neill	—	Sell	−5,199	−$100.27K
2021-04-06	Brian H Schmucker	—	Sell	−29,000	−$540.84K
2021-03-02	John Wayne Hutchens	Director	Buy	+1,500	+$26.85K
2020-05-21	David Dowden	—	Buy	+500	+$8.22K
2020-03-25	Brian H Schmucker	—	Buy	+4,000	+$55.18K
2020-03-19	Robert A Dimella	—	Buy	+5,000	+$70.98K
2020-03-19	Brian H Schmucker	—	Buy	+10,000	+$151.03K
2020-03-16	Brian H Schmucker	—	Buy	+7,500	+$131.74K
2019-12-31	David Dowden	—	Buy	+250	+$4.81K
2019-12-31	Robert A Dimella	—	Buy	+10,000	+$193.77K
2019-10-24	John Wayne Hutchens	Director	Buy	+1,000	+$19.89K
2019-08-26	John Wayne Hutchens	Director	Buy	+1,500	+$30.21K
2019-07-31	David Dowden	Portfolio Manager	Buy	+250	+$4.99K
2019-07-30	Stephen Andrew O'Neill	—	Buy	+5,000	+$100.00K
2019-07-30	Patrick W. Galley	President	Buy	+10,000	+$200.00K

RMM — Current Insider Holders

Insider	Role	Shares Held	Value
Patrick W. Galley	President	18,000	$239.22K
Jonathan Paul Browne	—	800	$10.63K

RMM Insider Trading FAQ

Who are the insiders at RMM?

2 officers, directors and 10%+ beneficial owners currently report holdings in RMM via SEC Form 4.

Are RMM insiders buying or selling?

Across the 27 most recent Form 4 filings for RMM, 19 were open-market purchases (code P) and 6 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.

How current is RMM insider data?

Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent RMM filing is dated 2025-04-11.

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 RMM quote page; the site-wide leaderboard is on the insider transactions hub.