MacKenzie Realty Capital Amendment: Insider Purchase Corrected to 21,012 Shares
Rhea-AI Filing Summary
MacKenzie Realty Capital insider amendment — This amended Form 4 shows Christine Elizabeth Simpson, an officer (Chief Portfolio Manager), acquired 21,012 shares of MacKenzie Realty Capital, Inc. (MKZR) on 08/14/2025 at a weighted average price of $4.84 per share, bringing her reported beneficial ownership to 56,709 shares. The filing corrects an earlier error that had reported 20,012 shares. The purchase included multiple transactions at prices ranging from $4.75 to $4.91, and the filer notes that MacKenzie Real Estate Advisers, LP acquired shares and the filer may be deemed to beneficially own those shares to the extent of her pecuniary interest.
Positive
- Corrective disclosure: The amendment corrects the previously reported amount (from 20,012 to 21,012), improving accuracy.
- Insider purchase: An officer acquired 21,012 shares at a weighted average price of $4.84, indicating personal investment in the company's stock.
- Price transparency: The filing lists the transaction price range ($4.75 to $4.91) and offers to provide detailed allocation on request.
Negative
- Indirect ownership: The majority of the reported 56,709 shares are held indirectly through MacKenzie Real Estate Advisers, LP, with the filer disclaiming beneficial ownership beyond her pecuniary interest.
Insights
TL;DR: Officer purchased meaningful stake; amendment corrects prior reporting error.
The Form 4/A documents a net acquisition of 21,012 common shares at a weighted average price of $4.84, bringing reported beneficial ownership to 56,709 shares. For a public investor, an officer buying shares can signal alignment with equity performance, though the filing disclaims full beneficial ownership for shares acquired by the adviser entity. The correction from 20,012 to 21,012 improves data accuracy; the disclosed price range ($4.75–$4.91) helps reconstruct transaction timing and cost basis.
TL;DR: Amendment improves disclosure; indirect ownership via adviser limits direct-control implications.
The amended filing addresses a numerical error and provides granular pricing ranges for multiple purchases, which strengthens regulatory compliance and transparency. However, the reported 56,709-share position is held indirectly through MacKenzie Real Estate Advisers, LP, and the filer explicitly disclaims beneficial ownership beyond her pecuniary interest, reducing implications for control or corporate governance change based solely on this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | MacKenzie Realty Capital Inc. Common Stock | 21,012 | $4.84 | $102K |
Footnotes (3)
- F1. Original amount of securities reported as 20,012 in error.
- F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.75 to $4.91, inclusive. The reporting person undertakes to provide to MacKenzie Realty Capital, Inc. (MKZR), any security holder of MKZR, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote 1 to this Form 4.
- F3. MacKenzie Real Estate Advisers, LP ("MREA") acquired shares of MacKenzie Realty Capital, Inc. ("MRC"). The filer owns an interest in MREA and therefore could be deemed to beneficially own the MRC shares acquired by MREA, but disclaims beneficial ownership of the securities referred to herein except to the extent of the filer's pecuniary interest in such securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
