Chicago Atlantic BDC president buys 1,600 shares

Chicago Atlantic BDC, Inc. (LIEN) reported that its President, Bernardino Colonna, purchased a total of 1,600 shares of Common Stock in open-market transactions over three days.

Rhea-AI Filing Summary

Chicago Atlantic BDC, Inc. (LIEN) reported that its President, Bernardino Colonna, purchased a total of 1,600 shares of Common Stock in open-market transactions over three days. He bought 400 shares on August 25, 2026 at a weighted-average price of $10.175 per share, 600 shares on August 26, 2026 at a weighted-average price of $10.156 per share, and 600 shares on August 27, 2026 at a weighted-average price of $10.1767 per share. Each reported price reflects a weighted-average purchase price across multiple trades within intraday ranges of $10.10–$10.20, $10.15–$10.16, and $10.16–$10.18, respectively, and all shares are held directly.

Insider Trade Summary

Net Buyer: 1,600 shares

Net Buy 3 txns

Insider Colonna Bernardino

Role President

Bought 1,600 shs ($16K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F3	600	$10.1767	$6K
Purchase	Common Stock F2	600	$10.156	$6K
Purchase	Common Stock F1	400	$10.175	$4K

Holdings After Transaction: Common Stock — 4,030 shares (Direct)

Footnotes (3)

1. F1. The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.10 to $10.20 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.
2. F2. The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.15 to $10.16 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.
3. F3. The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.16 to $10.18 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 on 2026-08-25: 400 shares of Common Stock Weighted-average price on 2026-08-25: $10.175 per share Shares purchased on 2026-08-26: 600 shares of Common Stock +4 more

7 metrics

Shares purchased on 2026-08-25 400 shares of Common Stock Open-market purchase by President Bernardino Colonna on August 25, 2026

Weighted-average price on 2026-08-25 $10.175 per share Weighted-average purchase price; intraday range $10.10–$10.20

Shares purchased on 2026-08-26 600 shares of Common Stock Open-market purchase by President Bernardino Colonna on August 26, 2026

Weighted-average price on 2026-08-26 $10.156 per share Weighted-average purchase price; intraday range $10.15–$10.16

Shares purchased on 2026-08-27 600 shares of Common Stock Open-market purchase by President Bernardino Colonna on August 27, 2026

Weighted-average price on 2026-08-27 $10.1767 per share Weighted-average purchase price; intraday range $10.16–$10.18

Total shares purchased 1,600 shares of Common Stock Aggregate of the three reported open-market purchases

Key Terms

weighted-average purchase price, Common Stock, open market or private transaction, Rule 10b5-1

4 terms

weighted-average purchase price financial

"The price reported reflects the weighted-average purchase price from several"

Common Stock financial

"security_title: "Common Stock" in each reported transaction row"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

open market or private transaction financial

"transaction_code_description: "Purchase in open market or private transaction""

Rule 10b5-1 regulatory

"aff_10b5_one is the document-level Rule 10b5-1 checkbox"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transactions did LIEN report for Bernardino Colonna?

LIEN reported that President Bernardino Colonna purchased a total of 1,600 shares of Common Stock in open-market transactions on August 25–27, 2026, in three separate trades, all held directly.

At what prices did Bernardino Colonna buy LIEN shares?

The reported prices are weighted-average prices per day: $10.175 on August 25, 2026; $10.156 on August 26, 2026; and $10.1767 on August 27, 2026, each based on multiple trades within narrow intraday price ranges.

How many LIEN shares did Bernardino Colonna purchase on each date?

Bernardino Colonna purchased 400 shares of LIEN on August 25, 2026, 600 shares on August 26, 2026, and 600 shares on August 27, 2026, for a total of 1,600 shares of Common Stock.

Were Bernardino Colonna’s LIEN share purchases made under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not checked and the footnotes describe only weighted-average purchase prices and trade price ranges, with no reference to a Rule 10b5-1 trading plan.

Are the reported LIEN purchase prices exact or averages?

The reported prices are weighted-average purchase prices. Footnotes state that each daily price reflects several trades, with ranges of $10.10–$10.20, $10.15–$10.16, and $10.16–$10.18, and that detailed per-trade data is available on request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/27/2026 - 05:40 PM Accepted by SEC EDGAR 08/27/2026 - 05:39 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Colonna Bernardino

(Last) (First) (Middle)

C/O CHICAGO ATLANTIC BDC, INC.

600 MADISON AVENUE, SUITE 1800

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Chicago Atlantic BDC, Inc. [ LIEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2026		P		400	A	$10.175(1)	2,830	D
Common Stock	08/26/2026		P		600	A	$10.156(2)	3,430	D
Common Stock	08/27/2026		P		600	A	$10.1767(3)	4,030	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.10 to $10.20 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.

2. The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.15 to $10.16 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.

3. The price reported reflects the weighted-average purchase price from several discrete transactions executed throughout the Transaction Date at prices that ranged from $10.16 to $10.18 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.

	/s/ Bernardino Colonna	08/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)