Form 4 Filing: Blum E. Michael Exercises Options for $36,855 of $RMBI
Market Price Activity
HillSignal AI Analytical Report
SEC Form 4 documents direct changes in beneficial ownership of securities for public corporations. The reporting insider, Blum E. Michael, holds the title of Director at Richmond Mutual Bancorporation, Inc..
On 2026-06-02, the insider transacted 3,500 shares.The shares were transacted at a weighted average price of $10.53 per share, resulting in a total market-relevant value of $36,855.
**Transaction:** option_exercise of 3,500 shares by Blum E. Michael (Director). **Strategic Implications (Investor Edge):** This filing is a standard option exercise by a director, which typically signals no strong conviction about near-term stock direction. It does not provide a clear bullish or bearish signal for RMBI, as the transaction is likely part of a pre-planned compensation event. **Key Takeaways:** - Director exercised options at $10.53, a routine transaction with no market purchase or sale. - Shares owned increased by 3,500 to 47,685, a modest 7.9% increase in holdings. - No open market buying or selling; this is neutral insider activity with low predictive value.
Verified Multi-Source Index
Verify the accuracy of this insider transaction and corporate entity independently. HillSignal pulls data directly from official SEC databases; use the sources below to corroborate.