Chicago Atlantic BDC director buys 134 shares
Scott Gordon bought 134 LIEN shares for $10.22 each, bringing his direct stake to 96,190 shares after the Aug. 31 Form 4.
Rhea-AI Filing Summary
For Chicago Atlantic BDC, Inc. (LIEN), director and Co-Chief Investment Officer Scott Gordon reported an open-market purchase of 134 shares of common stock on 2026-08-31 at $10.22 per share. After this transaction, he directly holds 96,190 shares and is reported as a potential indirect beneficial owner of 2,887,204 shares held by Chicago Atlantic BDC Advisers, LLC, which he disclaims except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 134 shares
Net Buy
2 txns
Insider
Gordon Scott
Role
Co-Chief Investment Officer
Bought
134 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 134 | $10.22 | $1K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 96,190 shares (Direct);
Common Stock — 2,887,204 shares (Indirect, Chicago Atlantic BDC Advisers, LLC)
Footnotes (1)
- F1. Scott Gordon directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Common Stock owned by Chicago Atlantic BDC Advisers, LLC. Mr. Gordon disclaims beneficial ownership of the shares of Common Stock owned by Chicago Atlantic BDC Advisers, LLC except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Shares purchased: 134 shares of Common Stock
Purchase price: $10.22 per share
Direct holdings after transaction: 96,190 shares of Common Stock
+1 more
4 metrics
Shares purchased
134 shares of Common Stock
Open-market or private transaction on 2026-08-31
Purchase price
$10.22 per share
Price for 134 purchased shares on 2026-08-31
Direct holdings after transaction
96,190 shares of Common Stock
Direct ownership reported following the 2026-08-31 purchase
Indirect holdings
2,887,204 shares of Common Stock
Indirectly held through Chicago Atlantic BDC Advisers, LLC with beneficial ownership disclaimed except for pecuniary interest
Key Terms
indirect beneficial owner, pecuniary interest, Section 16 of the Securities Exchange Act of 1934
3 terms
indirect beneficial owner regulatory
"may be deemed for purposes of Section 16 ... to be the indirect beneficial owner"
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of his pecuniary interest"
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.
FAQ
What insider transaction did Scott Gordon report in LIEN on this Form 4?
Scott Gordon reported purchasing 134 shares of Chicago Atlantic BDC, Inc. common stock on 2026-08-31 at a price of $10.22 per share, characterized as an open market or private transaction purchase.
What indirect LIEN holdings are associated with Scott Gordon?
The Form 4 lists 2,887,204 shares of Chicago Atlantic BDC, Inc. common stock as indirectly owned through Chicago Atlantic BDC Advisers, LLC. Gordon may be deemed an indirect beneficial owner for Section 16 purposes but disclaims beneficial ownership except to his pecuniary interest.
Was the LIEN trade by Scott Gordon part of a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and the footnote does not describe a Rule 10b5-1 plan, so the filing does not state that the trade was made under such a plan.
What role does Scott Gordon hold at Chicago Atlantic BDC, Inc. (LIEN)?
Scott Gordon is identified as a director and Co-Chief Investment Officer of Chicago Atlantic BDC, Inc. on the Form 4 reporting this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
