Advanced Flower Capital CEO Increases Stake to 197,261 Shares

Rhea-AI Filing Summary

Neville Daniel, Chief Executive Officer and director of Advanced Flower Capital Inc. (AFCG), purchased 10,000 shares of the company's common stock on 08/25/2025 at a weighted average price of $4.04 per share. Following the transaction, Mr. Daniel beneficially owned 197,261 shares. The Form 4 was filed indicating the transaction code "P" and includes a note that the trades were executed in multiple fills at prices ranging from $4.00 to $4.05; the reported $4.04 is the weighted average. The filing was signed by an attorney-in-fact on 08/26/2025.

Positive

• Insider purchase disclosed: CEO Neville Daniel acquired 10,000 shares on 08/25/2025.
• Increased beneficial ownership: Holdings rose to 197,261 shares after the transaction.
• Transparent reporting: Filing discloses weighted average price $4.04 and notes trades ranged $4.00–$4.05.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchase of 10,000 shares at $4.04 increases CEO stake to 197,261 shares.

The Form 4 documents an outright purchase (code P) on 08/25/2025 by Neville Daniel, the company's CEO and a director. The purchase of 10,000 common shares at a weighted average price of $4.04 is a clear, reported acquisition that raises the reporting person's beneficial ownership to 197,261 shares. This is a factual disclosure of insider activity; no earnings or operational data are provided in the filing.

Corporate Governance Expert

TL;DR: CEO filed required Form 4 after purchasing company stock; paperwork notes multiple trade fills.

The filing shows compliance with Section 16 reporting obligations: the transaction date, aggregate shares purchased, weighted average price, and resulting beneficial ownership are disclosed. The explanation clarifies multiple executions between $4.00 and $4.05 and the commitment to provide trade-level details on request. The form is signed by an attorney-in-fact, which is acceptable under Form 4 rules.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Neville Daniel

(Last) (First) (Middle)

477 S. ROSEMARY AVE.

SUITE 301

(Street)

WEST PALM BEACH FL 33401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Advanced Flower Capital Inc. [ AFCG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		P		10,000	A	$4.04(1)	197,261	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades ranging from $4.00 to $4.05; 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.

Remarks:

	/s/ Gabriel A. Katz, as Attorney-in-Fact	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Neville Daniel report on Form 4 for AFCG?

He reported a purchase of 10,000 shares of Advanced Flower Capital Inc. common stock on 08/25/2025.

At what price were the AFCG shares purchased according to the Form 4?

The trades were executed at prices ranging from $4.00 to $4.05; the reported weighted average price is $4.04.

How many AFCG shares does Neville Daniel beneficially own after the reported transaction?

Following the purchase, he beneficially owned 197,261 shares.

When was the Form 4 for this transaction filed/signed?

The Form indicates the transaction date 08/25/2025 and is signed by an attorney-in-fact on 08/26/2025.

What does the Form 4 explanation say about the transaction pricing?

It states the transaction was executed in multiple trades with prices from $4.00 to $4.05, and the reported price is the weighted average.