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.