Advanced Flower Capital (AFCG) director buys more stock
Rhea-AI Filing Summary
Advanced Flower Capital Inc. (AFCG) insider Leonard M. Tannenbaum, a director and ten percent owner, reported purchasing 12,841 shares of common stock on August 19, 2026 at a $3.48 weighted average price in open-market or private transactions, bringing his directly held stake to 6,575,445 shares. Separately, 226,907 shares are reported as held by his spouse and 180,400 shares by the Tannenbaum Family Foundation, for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,841 shares
Net Buy
3 txns
Insider
TANNENBAUM LEONARD M
Role
Director, 10% Owner
Bought
12,841 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 12,841 | $3.48 | $45K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,575,445 shares (Direct);
Common Stock — 226,907 shares (Indirect, Held by spouse);
Common Stock — 180,400 shares (Indirect, See footnote)
Footnotes (3)
- F1. This transaction was executed in multiple trades ranging from $3.48 to $3.50; the price reported reflects the weighted average price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or any security holder of the issuer.
- F2. 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.
- F3. 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: 12,841 shares
Weighted average purchase price: $3.48 per share
Direct holdings after transaction: 6,575,445 shares
+3 more
6 metrics
Shares purchased
12,841 shares
Common Stock purchased on August 19, 2026
Weighted average purchase price
$3.48 per share
Open-market or private purchase on August 19, 2026; trades ranged $3.48–$3.50
Direct holdings after transaction
6,575,445 shares
Directly held AFCG common stock following the August 19, 2026 purchase
Indirect holdings – spouse
226,907 shares
Indirect ownership reported as held by spouse; beneficial ownership disclaimed
Indirect holdings – foundation
180,400 shares
Held by Tannenbaum Family Foundation; beneficial ownership disclaimed except for pecuniary interest
Net buy shares in this filing
12,841 shares
Net of reported buy and sell transactions in this Form 4
Key Terms
weighted average price, beneficial ownership, pecuniary interest, ten percent owner
4 terms
weighted average price financial
"This transaction was executed in multiple trades ranging from $3.48 to $3.50; the price reported reflects the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission..."
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
"The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest."
ten percent owner regulatory
"TANNENBAUM LEONARD M is marked as a director and ten percent owner."
FAQ
What insider transaction did AFCG director Leonard M. Tannenbaum report?
Leonard M. Tannenbaum reported purchasing 12,841 AFCG common shares on August 19, 2026 at a weighted average price of $3.48 per share. The purchase was executed in multiple trades between $3.48 and $3.50 in open-market or private transactions.
Was Leonard M. Tannenbaum’s AFCG trade made under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning the transaction is not reported as pursuant to a Rule 10b5-1 trading plan. No footnote describes it as executed under any pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
