Advanced Flower Capital director buys 35K shares
AFCG director and ten percent owner Leonard M. Tannenbaum reported a 35,000‑share open‑market purchase, increasing his directly held common stock position.
Rhea-AI Filing Summary
Advanced Flower Capital Inc. (AFCG) director and ten percent owner Leonard M. Tannenbaum purchased 35,000 shares of common stock on September 10, 2026 at a weighted average price of $3.46 per share in open-market trades ranging from $3.43 to $3.50. Following this purchase, he holds 6,884,299 shares directly, plus indirect positions reported as 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 35,000 shares
Net Buy
3 txns
Insider
TANNENBAUM LEONARD M
Role
Director, 10% Owner
Bought
35,000 shs ($121K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 35,000 | $3.46 | $121K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,884,299 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 $3.43 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: 35,000 shares
Weighted average purchase price: $3.46 per share
Trade price range: $3.43–$3.50 per share
+3 more
6 metrics
Shares purchased
35,000 shares
Common stock purchase on September 10, 2026
Weighted average purchase price
$3.46 per share
Open-market or private transaction on September 10, 2026
Trade price range
$3.43–$3.50 per share
Range of prices for the September 10, 2026 trades
Direct holdings after transaction
6,884,299 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
Foundation indirect holdings
180,400 shares
Common stock held by the Tannenbaum Family Foundation, with beneficial ownership disclaimed except for pecuniary interest
Key Terms
weighted average price, beneficial ownership, pecuniary interest, ten percent owner
4 terms
weighted average price financial
"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
"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
"identified as a director and ten percent owner"
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 purchasing 35,000 shares of Advanced Flower Capital Inc. common stock on September 10, 2026 in a purchase in open market or private transaction at a weighted average price of $3.46 per share, with trades ranging from $3.43 to $3.50.
Was Leonard M. Tannenbaum’s AFCG trade made under a Rule 10b5-1 plan?
The document-level box for Rule 10b5‑1 plans is not checked, and no footnote states that the transactions were made under a trading plan. The Form 4 therefore does not report the September 10, 2026 purchase as made pursuant to a Rule 10b5‑1 plan.
What roles does Leonard M. Tannenbaum hold at AFCG according to this Form 4?
Leonard M. Tannenbaum is identified as a director and a ten percent owner of Advanced Flower Capital Inc. on this Form 4. He is not listed as an officer in this filing, and no officer title is provided.
AI-generated analysis. How Rhea-AI works. Not financial advice.
