AFCG director buys 29,040 shares at $2.76
Advanced Flower Capital Inc. director and 10% owner Leonard M. Tannenbaum bought 29,040 shares of Common Stock in an open-market purchase at a weighted average price of $2.76 per share.
Rhea-AI Filing Summary
Advanced Flower Capital Inc. director and 10% owner Leonard M. Tannenbaum bought 29,040 shares of Common Stock in an open-market purchase at a weighted average price of $2.76 per share. After this trade, he directly holds 6,426,175 shares. The filing also shows 225,907 shares held indirectly by his spouse and 180,400 shares held by the Tannenbaum Family Foundation, where he serves as President. The footnotes state that he disclaims beneficial ownership of the spouse and foundation holdings, except to the extent of any pecuniary interest.
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Insider Trade Summary
Net Buyer: 29,040 shares
Net Buy
3 txns
Insider
TANNENBAUM LEONARD M
Role
Director, 10% Owner
Bought
29,040 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 29,040 | $2.76 | $80K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,426,175 shares (Direct);
Common Stock — 225,907 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 $2.67 to $2.81; 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: 29,040 shares
Purchase price: $2.76 per share
Price range: $2.67–$2.81 per share
+3 more
6 metrics
Shares purchased
29,040 shares
Open-market purchase of Common Stock on 2026-03-31
Purchase price
$2.76 per share
Weighted average purchase price for 29,040 shares
Price range
$2.67–$2.81 per share
Range of prices for multiple trade executions
Direct holdings after trade
6,426,175 shares
Common Stock directly owned by Tannenbaum post-transaction
Indirect spouse holdings
225,907 shares
Common Stock held indirectly through spouse
Foundation holdings
180,400 shares
Common Stock held by Tannenbaum Family Foundation
Key Terms
open-market purchase, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"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 financial
"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"
indirect ownership financial
"total_shares_following_transaction ... direct_or_indirect: "I""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AFCG director Leonard M. Tannenbaum report?
Leonard M. Tannenbaum reported buying 29,040 shares of Advanced Flower Capital Inc. Common Stock. The transaction was an open-market purchase at a weighted average price of $2.76 per share, executed in multiple trades within a stated price range.
What does the price range in Leonard M. Tannenbaum’s AFCG trade indicate?
The filing states the purchase was executed in multiple trades between $2.67 and $2.81 per share. The reported $2.76 figure is a weighted average, and detailed trade-level price and share information is available upon request to specified parties.
AI-generated analysis. How Rhea-AI works. Not financial advice.
