MacKenzie Realty Capital Form 4/A: 21,012-Share Purchase, Beneficial Ownership 56,709
Rhea-AI Filing Summary
Jeri Ruth Bluth, Chief Compliance Officer of MacKenzie Realty Capital, Inc. (MKZR), reported a purchase of 21,012 shares of MKZR common stock on 08/14/2025 at a weighted average price of $4.84. The filing corrects an earlier reporting error that had listed 20,012 shares. The purchased shares were acquired across multiple trades at prices ranging from $4.75 to $4.91. After the transaction, Bluth reports beneficial ownership of 56,709 shares, held indirectly through MacKenzie Real Estate Advisers, LP, in which she has an interest and from which she disclaims direct beneficial ownership except to the extent of her pecuniary interest.
Positive
- Correction and transparency: The amendment corrects the originally misstated share amount from 20,012 to 21,012 and discloses price ranges.
- Insider purchase disclosed: Acquisition of 21,012 shares at a $4.84 weighted-average price provides clear execution detail.
- Beneficial ownership increased: Reported indirect ownership totals 56,709 shares, disclosed with the nature of indirect ownership via MREA.
Negative
- None.
Insights
TL;DR Insider purchased 21,012 shares at a ~$4.84 average, modestly increasing indirect stake; amendment corrects prior reporting error.
The transaction is a routine insider acquisition rather than a strategic corporate action. The weighted-average price and disclosed price range provide transparency on execution. The increase to 56,709 shares of beneficial ownership is meaningful in absolute terms but appears modest relative to any unstated total share count. The amendment correcting the originally reported amount enhances filing accuracy, which investors value for governance and disclosure integrity.
TL;DR Reporting person corrected an error and disclosed indirect holdings via an adviser, maintaining transparency required under Section 16.
The Form 4/A appropriately clarifies the previously misstated amount and provides the weighted average and price range for the purchases, improving auditability. The disclosure that shares are held by MacKenzie Real Estate Advisers, LP and that the filer disclaims beneficial ownership except for pecuniary interest is standard practice for adviser-related holdings. No derivative activity was reported, and the amendment addresses record accuracy without indicating governance concerns.
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.
