Director E. Michael Blum purchases 1,500 shares of RMBI at $14.36; stock now $14.23, off 11.3% from 52-week high
E. Michael Blum, a director of Richmond Mutual Bancorporation, purchased 1,500 shares at $14.36 on June 1, 2026, increasing his holdings from 42,685 to 44,185 shares. The purchase occurs with the stock trading at $14.23 (down 11.3% from its 52-week high of $16.04) and represents a modest 3.5% increase to his stake. While the transaction adds to holdings during a period of recent stock weakness (down 8.1% in the past 30 days), the director's limited prior buy activity at this ticker—with no measurable outcomes yet—provides minimal historical context to assess any pattern in his timing decisions. The company's valuation metrics show a P/E of 12.06 and market capitalization of $149,432,929.80, suggesting a small-cap positioning.