Advanced Flower Capital director buys 90,600 shares
Advanced Flower Capital director and 10% owner Leonard M. Tannenbaum reported an open-market purchase of 90,600 shares of Common Stock at a weighted average price of $2.84 per share on May 14, 2026.
Rhea-AI Filing Summary
Advanced Flower Capital director and 10% owner Leonard M. Tannenbaum reported an open-market purchase of 90,600 shares of Common Stock at a weighted average price of $2.84 per share on May 14, 2026. The trades were executed in multiple lots between $2.78 and $2.86. Following the purchase, he holds 6,516,775 shares directly. The filing also reports 180,400 shares held by the Tannenbaum Family Foundation and 225,907 shares held by his spouse, with beneficial ownership generally disclaimed except for any pecuniary interest.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 90,600 shares
Net Buy
3 txns
Insider
TANNENBAUM LEONARD M
Role
Director, 10% Owner
Bought
90,600 shs ($257K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 90,600 | $2.84 | $257K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,516,775 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 $2.78 to $2.86; 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: 90,600 shares
Weighted average purchase price: $2.84 per share
Price range of trades: $2.78–$2.86 per share
+3 more
6 metrics
Shares purchased
90,600 shares
Open-market purchase of Common Stock on May 14, 2026
Weighted average purchase price
$2.84 per share
Common Stock open-market transaction
Price range of trades
$2.78–$2.86 per share
Multiple executions within one transaction
Direct holdings after transaction
6,516,775 shares
Common Stock directly held by Tannenbaum after purchase
Foundation indirect holdings
180,400 shares
Held by Tannenbaum Family Foundation, with beneficial ownership disclaimed
Spouse holdings
225,907 shares
Common Stock held by spouse, reported as indirect ownership
Key Terms
open-market purchase, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"reported an open-market purchase of 90,600 shares of 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
"at a weighted average price of $2.84 per share on May 14, 2026"
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
"These shares are held by the Tannenbaum Family Foundation ... indirect holdings"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Leonard M. Tannenbaum report for AFCG?
Leonard M. Tannenbaum reported an open-market purchase of 90,600 Advanced Flower Capital common shares. The transaction occurred on May 14, 2026 at a weighted average price of $2.84, executed through multiple trades between $2.78 and $2.86 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
