Advanced Flower Capital director buys 40K shares
Rhea-AI Filing Summary
Advanced Flower Capital Inc. (AFCG) director and more-than-10% owner Leonard M. Tannenbaum reported open-market purchases of a total of 40,198 shares of common stock, buying 15,000 shares at $3.55 on September 11, 2026 and 25,198 shares at $3.50 on September 14, 2026. No Rule 10b5-1 trading plan is reported for these transactions. The filing also reports indirect holdings of 226,907 shares held by his spouse and 180,400 shares held by the Tannenbaum Family Foundation, for which he disclaims beneficial ownership as described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40,198 shares
Net Buy
4 txns
Insider
TANNENBAUM LEONARD M
Role
Director, 10% Owner
Bought
40,198 shs ($141K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 25,198 | $3.50 | $88K |
| Purchase | Common Stock | 15,000 | $3.55 | $53K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,924,497 shares (Direct);
Common Stock — 226,907 shares (Indirect, Held by spouse);
Common Stock — 180,400 shares (Indirect, See footnote)
Footnotes (2)
- F1. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F2. These shares are held by the Tannenbaum Family Foundation (formerly known as the Leonard M. Tannenbaum Foundation), for which the Reporting Person serves as the President. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
Key Figures
Shares purchased September 14, 2026: 25,198 shares
Shares purchased September 11, 2026: 15,000 shares
Total shares purchased: 40,198 shares
+4 more
7 metrics
Shares purchased September 14, 2026
25,198 shares
Open-market purchase of Advanced Flower Capital Inc. common stock at $3.50 per share
Shares purchased September 11, 2026
15,000 shares
Open-market purchase of Advanced Flower Capital Inc. common stock at $3.55 per share
Total shares purchased
40,198 shares
Two reported open-market purchases in September 2026
Purchase price September 14, 2026
$3.50 per share
Advanced Flower Capital Inc. common stock
Purchase price September 11, 2026
$3.55 per share
Advanced Flower Capital Inc. common stock
Indirect holdings – spouse
226,907 shares
Common stock held indirectly and described as held by spouse; beneficial ownership disclaimed
Indirect holdings – Tannenbaum Family Foundation
180,400 shares
Common stock held by the Tannenbaum Family Foundation; beneficial ownership disclaimed except for pecuniary interest
Key Terms
Rule 10b5-1, beneficial ownership, pecuniary interest, Section 16
4 terms
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest"
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AFCG report for Leonard M. Tannenbaum in this Form 4?
The Form 4 reports that Leonard M. Tannenbaum purchased 40,198 shares of Advanced Flower Capital Inc. common stock in open-market transactions, split between 15,000 shares on September 11, 2026 and 25,198 shares on September 14, 2026, at prices between $3.50 and $3.55 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
