Blum E. Michael 4
4 · Richmond Mutual Bancorporation, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Richmond Mutual (RMBI) Director Blum E. Michael Buys 1,500 Shares
What Happened Blum E. Michael, a director of Richmond Mutual Bancorporation, Inc. (RMBI), reported an open-market/private purchase of 1,500 shares on 2026-06-01 at $14.36 per share, for a reported total of $21,533. This was a buy (purchase) transaction, which investors often view as a more informative signal than routine insider sales.
Key Details
- Transaction date: 2026-06-01; Transaction type: P (purchase — open market or private purchase)
- Price per share: $14.36; Reported total value: $21,533
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote F1: "Fully exercisable." (included in the filing)
- Filing timeliness: Reported and filed on 2026-06-01 (appears timely; no late filing indicated)
Context This filing documents a straightforward share purchase by a company director. The note "Fully exercisable" is included in the filing footnotes but the transaction here is recorded as a purchase (not an option exercise). No additional details (e.g., 10b5-1 plan, subsequent sales, or ownership totals) were provided in the excerpt.
Insider Transaction Report
- Purchase
Common Stock
2026-06-01$14.36/sh+1,500$21,533→ 44,185 total
- 36,580
Common Stock (right to buy)
[F1]Exercise: $10.53Exp: 2030-10-01→ Common Stock (36,580 underlying)
Footnotes (1)
- [F1]Fully exercisable.