Advanced Flower Capital director buys 25K shares
Advanced Flower Capital Inc. (AFCG) director and ten percent owner Leonard M. Tannenbaum purchased 25,000 shares of Common Stock on September 17, 2026 at $3.50 per share in an open-market or private transaction.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Advanced Flower Capital Inc. (AFCG) director and ten percent owner Leonard M. Tannenbaum purchased 25,000 shares of Common Stock on September 17, 2026 at $3.50 per share in an open-market or private transaction. After this purchase he directly holds 6,952,446 shares, with additional indirect holdings reported for his spouse and a family foundation, both subject to beneficial ownership disclaimers.
Insider Trade Summary
Net Buyer: 25,000 shares
Net Buy
1 txn
Insider
TANNENBAUM LEONARD M
Role
Director, 10% Owner
Bought
25,000 shs ($88K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 25,000 | $3.50 | $88K |
| Holding | Common Stock F1 | -- | -- | -- |
| Holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,952,446 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: 25,000 shares
Purchase price per share: $3.50 per share
Direct holdings after transaction: 6,952,446 shares
+3 more
6 metrics
Shares purchased
25,000 shares
Common Stock bought on September 17, 2026
Purchase price per share
$3.50 per share
Open-market or private purchase on September 17, 2026
Direct holdings after transaction
6,952,446 shares
Common Stock directly owned by Leonard M. Tannenbaum after the purchase
Spouse indirect holdings
226,907 shares
Common Stock held by spouse, with beneficial ownership disclaimed
Family foundation holdings
180,400 shares
Common Stock held by the Tannenbaum Family Foundation, subject to pecuniary-interest disclaimer
Net shares bought
25,000 shares
Net buy direction across all reported transactions in this Form 4
Key Terms
beneficial ownership, pecuniary interest, Section 16, Rule 10b5-1
4 terms
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
"beneficial owner of the securities 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.
Rule 10b5-1 regulatory
"Document-level Rule 10b5-1 checkbox indicates no Rule 10b5-1 plan"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AFCG report for Leonard M. Tannenbaum?
Leonard M. Tannenbaum reported a purchase of 25,000 AFCG common shares on September 17, 2026 at $3.50 per share in an open-market or private transaction, increasing his direct holdings.
Was the AFCG insider trade by Leonard M. Tannenbaum under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions; the document-level 10b5-1 checkbox is not marked as being under such a plan.
What is Leonard M. Tannenbaum’s role and ownership status at AFCG?
Leonard M. Tannenbaum is reported as a director and ten percent owner of AFCG, based on the relationship boxes checked on the Form 4 for the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
