Cantor Fitzgerald (CFTR) affiliate adds 100K 9.50% Series A preferred
Rhea-AI Filing Summary
CF Real Estate Holdings, LLC, a wholly owned subsidiary of Cantor Fitzgerald Investors, LLC, purchased 100,000 shares of Cantor Fitzgerald Income Trust’s 9.50% Series A Cumulative Redeemable Preferred Stock at $25.00 per share in an underwritten public offering on April 8, 2026. The preferred shares are held indirectly through entities related to Cantor Fitzgerald, with Brandon Lutnick potentially deemed a beneficial owner through his control of CFGM, while he disclaims beneficial ownership beyond any pecuniary interest. The filing also reports indirect holdings of Class AX, Class IX and Class I Common Stock by Cantor Fitzgerald Investors and CF Real Estate.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares ($2,500,000)
Net Buy
4 txns
Insider
Lutnick Brandon
Role
Director
Bought
100,000 shs ($2.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series A Preferred Stock | 100,000 | $25.00 | $2.50M |
| holding | Class I Common Stock | -- | -- | -- |
| holding | Class IX Common Stock | -- | -- | -- |
| holding | Class AX Common Stock | -- | -- | -- |
Holdings After Transaction:
Series A Preferred Stock — 100,000 shares (Indirect, See Footnote);
Class I Common Stock — 558,490.29 shares (Indirect, See Footnote);
Class IX Common Stock — 186,217.61 shares (Indirect, See Footnote);
Class AX Common Stock — 8,316.68 shares (Indirect, See Footnote)
Footnotes (1)
- On April 8, 2026, CF Real Estate Holdings, LLC ("CF Real Estate") a wholly-owned subsidiary of Cantor Fitzgerald Investors, LLC ("CFI") purchased 100,000 shares of the Issuer's 9.50% Series A Cumulative Redeemable Preferred Stock at $25.00 / share in an underwritten public offering. CFI is indirectly owned by Cantor Fitzgerald, L.P. ("Cantor") whose managing general partner is CF Group Management, Inc. ("CFGM"). Brandon Lutnick, as trustee with decision-making control of the trusts holding all voting shares of CFGM and as Chairman and CEO of Cantor and CFGM, may be deemed to beneficially own the shares held by CFI and CF Real Estate. The reporting person disclaims beneficial ownership of all securities held by CFI in excess of his pecuniary interest if any and this report shall not be deemed an admission of beneficial ownership or pecuniary interest in any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934 as amended or any other purpose. CFI is the record holder of 1,830.72 shares of Class I Common Stock reported herein. CFI is the beneficial owner of the remaining 556,659.57 shares of Class I Common Stock reported herein, which it owns through its wholly-owned subsidiary CF Real Estate. CF Real Estate is the record holder of 186,217.61 shares of Class IX Common Stock and 8,316.68 shares of Class AX Common Stock reported herein. The reporting person disclaims beneficial ownership of all securities held by CFI in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he was the beneficial owner of, or had pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
Series A preferred shares bought: 100,000 shares
Purchase price: $25.00 per share
Series A preferred position: 100,000 shares
+4 more
7 metrics
Series A preferred shares bought
100,000 shares
Purchased by CF Real Estate on April 8, 2026
Purchase price
$25.00 per share
9.50% Series A Cumulative Redeemable Preferred Stock
Series A preferred position
100,000 shares
Total Series A preferred held after transaction
Class I Common Stock held
558,490.29 shares
Indirect Class I Common Stock reported
Class IX Common Stock held
186,217.61 shares
Indirect Class IX Common Stock reported
Class AX Common Stock held
8,316.68 shares
Indirect Class AX Common Stock reported
Net insider share change
100,000 shares
Net buy across reported transactions
Key Terms
9.50% Series A Cumulative Redeemable Preferred Stock, underwritten public offering, beneficially own, pecuniary interest, +1 more
5 terms
9.50% Series A Cumulative Redeemable Preferred Stock financial
"purchased 100,000 shares of the Issuer's 9.50% Series A Cumulative Redeemable Preferred Stock at $25.00 / share"
underwritten public offering financial
"purchased 100,000 shares ... at $25.00 / share in an underwritten public offering"
An underwritten public offering is when a company sells new shares of its stock to the public with the help of a financial firm, called an underwriter. The underwriter agrees to buy all the shares upfront, reducing the company's risk, and then sells them to investors. This process helps companies raise money quickly and confidently from a wide range of buyers.
beneficially own regulatory
"may be deemed to beneficially own the shares held by CFI and CF Real Estate"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest regulatory
"disclaims beneficial ownership of all securities held by CFI in excess of his pecuniary interest if any"
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934 as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did CFTR insider Brandon Lutnick’s affiliated entities purchase in this Form 4?
Affiliated entity CF Real Estate Holdings, LLC purchased 100,000 shares of 9.50% Series A Cumulative Redeemable Preferred Stock at $25.00 per share. The transaction occurred in an underwritten public offering and is reported as indirectly attributable to Brandon Lutnick through Cantor Fitzgerald entities.
How large is the Series A preferred stock position reported for CFTR?
The filing shows 100,000 shares of 9.50% Series A Cumulative Redeemable Preferred Stock held after the transaction. All of these shares were purchased at $25.00 each by CF Real Estate Holdings, LLC in an underwritten public offering and are reported as indirect holdings.
Does Brandon Lutnick claim full beneficial ownership of the CFTR securities?
No. The footnotes state that Brandon Lutnick may be deemed to beneficially own securities held by Cantor Fitzgerald Investors and CF Real Estate but expressly disclaim beneficial ownership of all such securities beyond his pecuniary interest, if any, for Section 16 and other legal purposes.
Was the CFTR Series A preferred stock purchase an open-market transaction?
The transaction is coded as an open-market or private purchase, but the footnote clarifies it occurred in an underwritten public offering. CF Real Estate Holdings, LLC acquired 100,000 Series A preferred shares at a fixed price of $25.00 per share in that offering.