Insider Activity: Charles Royce Sells $669,941 in RMT Shares Amid Price Slump Charles M. Royce, senior advisor at Royce Micro-Cap Trust, sold 85,514 shares for nearly $670,000 on April 16-17, reducing his direct stake but maintaining significant indirect holdings. The discretionary sale, executed as RMT shares trade near a 52-week low, comes after a recent dividend cut and ongoing market volatility.12