Lynn Wetzel, Board Member at Richmond Mutual Bancorp (NASDAQ:RMBI), reported a large insider buy on October 26, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Wetzel purchased 7,850 shares of Richmond Mutual Bancorp. The total transaction amounted to $78,672.
Richmond Mutual Bancorp shares are trading up 1.45% at $9.77 at the time of this writing on Friday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, ...