Galley Patrick W. purchased ~$54K in RiverNorth Flexible Municipal Income Fund II, Inc. stock
RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) · President · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
90-day return
+0.5%vs SPY +3.4%
Trade Details · Public SEC Filing
Insider
Galley Patrick W.
Role
President
Transaction
Open-Market Purchase
Approx. Value
~$54K
Trade Date
Sep 28, 2022
Company
RiverNorth Flexible Municipal Income Fund II, Inc.
Ticker
RFMZSource
SEC EDGAR Form 4
Why This Trade Stands Out
Very Strong conviction signal
Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.
~$54K purchase
A personal investment by a corporate insider. Even smaller trades can be meaningful when combined with other factors like timing and role.
President
Corporate insiders must file trades with the SEC within 2 business days. Their unique access to non-public information makes these filings valuable data points.
+0.5% in 90 days (S&P 500: +3.4%)
This trade underperformed the S&P 500 by 2.9 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.
How good is Galley Patrick W. at picking stocks?
Full track record: win rate, average return, and performance vs S&P 500
On September 28, 2022, Galley Patrick W. — President of RiverNorth Flexible Municipal Income Fund II, Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$54K in RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) stock.
Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.
In the 90 days following this trade, RFMZ returned +0.5% versus +3.4% for the S&P 500 over the same period.
VeritySignals Conviction Analysis
Full Conviction Analysis
Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.
Get notified the next time Galley Patrick W. trades
Free alerts · No credit card · Instant notification
All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More RFMZ Insider Activity
RiverNorth Financial Holdings, LLC
Dec 4, 2025
~$742K
VS
RiverNorth Financial Holdings, LLC
Dec 2, 2025
~$178K
STRONG
O'Neill Stephen Andrew
Jul 18, 2025
~$567K
VS
O'Neill Stephen Andrew
Jul 16, 2025
~$316K
VS
How to Read Insider Trades
What is this?
When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.
Why does it matter?
Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.
What makes a trade "strong"?
We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.
Never miss a signal
Get notified when high-conviction insiders buy. Free account, no credit card.
Sign up free