Advanced Flower Capital director buys 119K shares
Form 4 reports the shares were bought in open-market or private deals, including $3.53 on Aug. 28 and $3.60 on Aug. 31, with other holdings via his family.
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 a total of 119,025 shares of common stock in late August 2026, including 65,752 shares at $3.53 on August 28 and 53,273 shares at $3.60 on August 31 in open-market or private 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 except to the extent of any pecuniary interest.
Insider Trade Summary
Net Buyer: 119,025 shares
Net Buy
4 txns
Insider
TANNENBAUM LEONARD M
Role
Director, 10% Owner
Bought
119,025 shs ($424K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F2 | 53,273 | $3.60 | $192K |
| Purchase | Common Stock F1 | 65,752 | $3.53 | $232K |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,834,076 shares (Direct);
Common Stock — 226,907 shares (Indirect, Held by spouse);
Common Stock — 180,400 shares (Indirect, See footnote)
Footnotes (4)
- F1. This transaction was executed in multiple trades ranging from $3.47 to $3.60; 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. This transaction was executed in multiple trades ranging from $3.58 to $3.60; 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.
- F3. 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.
- F4. 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 August 31, 2026: 53,273 shares of Common Stock
Price per share August 31, 2026: $3.60 per share
Shares purchased August 28, 2026: 65,752 shares of Common Stock
+4 more
7 metrics
Shares purchased August 31, 2026
53,273 shares of Common Stock
Non-derivative open-market or private purchase on 2026-08-31 at $3.60 per share
Price per share August 31, 2026
$3.60 per share
Weighted average price for 53,273-share purchase; trades ranged from $3.58 to $3.60
Shares purchased August 28, 2026
65,752 shares of Common Stock
Non-derivative open-market or private purchase on 2026-08-28 at $3.53 per share
Price per share August 28, 2026
$3.53 per share
Weighted average price for 65,752-share purchase; trades ranged from $3.47 to $3.60
Indirect holdings by spouse
226,907 shares of Common Stock
Reported as held by spouse; Tannenbaum disclaims beneficial ownership of these securities
Indirect holdings by Tannenbaum Family Foundation
180,400 shares of Common Stock
Held by Tannenbaum Family Foundation; Tannenbaum disclaims beneficial ownership except to pecuniary interest
Total shares purchased
119,025 shares of Common Stock
Sum of non-derivative purchases on 2026-08-28 and 2026-08-31
Key Terms
weighted average price, beneficial ownership, pecuniary interest, ten percent owner
4 terms
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 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"
ten percent owner regulatory
"Reporting Person is indicated as a director and ten percent owner"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AFCG director Leonard M. Tannenbaum report?
He reported purchases totaling 119,025 AFCG common shares, consisting of 65,752 shares on August 28, 2026 at $3.53 per share and 53,273 shares on August 31, 2026 at $3.60 per share, all described as open-market or private transactions.
At what prices did Leonard M. Tannenbaum buy AFCG stock?
He bought AFCG common stock at $3.53 per share on August 28, 2026 and at $3.60 per share on August 31, 2026. Each reported price is a weighted average of multiple trades within disclosed intraday price ranges.
Were Leonard M. Tannenbaum’s AFCG trades under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that these purchases were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
