Chicago Atlantic BDC (LIEN) insider buys 7,733 shares in open market
Rhea-AI Filing Summary
Chicago Atlantic BDC, Inc. (LIEN) director and Co-Chief Investment Officer Scott Gordon reported open-market purchases of a total of 7,733 shares of common stock on August 25–27, 2026, at prices between $10.12 and a weighted-average of $10.188 per share. The filing also lists 2,887,204 shares of common stock held indirectly through Chicago Atlantic BDC Advisers, LLC, for which Mr. Gordon may be deemed an indirect beneficial owner but disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,733 shares
Net Buy
4 txns
Insider
Gordon Scott
Role
Co-Chief Investment Officer
Bought
7,733 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F2 | 5,000 | $10.188 | $51K |
| Purchase | Common Stock | 2,483 | $10.15 | $25K |
| Purchase | Common Stock | 250 | $10.12 | $3K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 96,056 shares (Direct);
Common Stock — 2,887,204 shares (Indirect, Chicago Atlantic BDC Advisers, LLC)
Footnotes (2)
- 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.
- F2. The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.18 to $10.19 per share. Upon request, the Reporting Person has agreed to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares purchased at each price within the range set forth in this footnote.
Key Figures
Shares purchased 2026-08-27: 5,000 shares at $10.188 per share
Shares purchased 2026-08-26: 2,483 shares at $10.15 per share
Shares purchased 2026-08-25: 250 shares at $10.12 per share
+3 more
6 metrics
Shares purchased 2026-08-27
5,000 shares at $10.188 per share
Open-market common stock purchase by Scott Gordon on August 27, 2026
Shares purchased 2026-08-26
2,483 shares at $10.15 per share
Open-market common stock purchase by Scott Gordon on August 26, 2026
Shares purchased 2026-08-25
250 shares at $10.12 per share
Open-market common stock purchase by Scott Gordon on August 25, 2026
Total common shares purchased
7,733 shares
Aggregate of reported open-market purchases on August 25–27, 2026
Indirectly held common shares
2,887,204 shares
Common stock held indirectly through Chicago Atlantic BDC Advisers, LLC
Price range for weighted-average purchase
$10.18 to $10.19 per share
Range of prices underlying the $10.188 weighted-average purchase on August 27, 2026
Key Terms
indirect beneficial owner, pecuniary interest, weighted-average purchase price, Section 16 of the Securities Exchange Act of 1934
4 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 therein"
weighted-average purchase price financial
"The price reported reflects the weighted-average purchase price from several discrete transactions"
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 transactions did Scott Gordon report for Chicago Atlantic BDC, Inc. (LIEN)?
Scott Gordon reported three open-market purchases of LIEN common stock totaling 7,733 shares on August 25–27, 2026, at prices between $10.12 and a weighted-average of $10.188 per share.
Were Scott Gordon’s LIEN trades reported under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmed, and there is no footnote stating that the reported purchases were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
What role does Scott Gordon have at Chicago Atlantic BDC, Inc. (LIEN)?
Scott Gordon is identified as a director and Co-Chief Investment Officer of Chicago Atlantic BDC, Inc. in the Form 4 reporting his recent purchases of common stock.
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