GALLEY PATRICK W. (President) purchased 36.4% of their position (4K shares) of RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND, INC. on the open market
Open‑market purchase worth $52.6K — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 4/10/2025ACC: 0001398344-25-006960
→
DirectorOfficer· President
Since Jun 2019
+4K
Net shares
Net buyer
$52.6K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
4K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+2K
Price / share
$13.14
Trade value
$26.27K
% of position
18.2%
4/9/2025
11K→13K
Common Stock
Indirect
Shares
+2K
Price / share
$13.14
Trade value
$26.29K
% of position
15.4%
4/9/2025
13K→15K
Total
Net shares
+4K
Net value
$52.56K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 4/9/2025 | P · Purchase | +2K | $13.14 | $26.27K | 18.2% | 11K | 13K |
| Common Stock Indirect | 4/9/2025 | P · Purchase | +2K | $13.14 | $26.29K | 15.4% | 13K | 15K |
| Total | +4K | $52.56K | ||||||
Derivative Transactions0
No derivative transactions reported