MacKenzie Realty Capital Form 4/A Corrects Quantity; Purchases 21,012 Shares
Rhea-AI Filing Summary
MacKenzie Realty Capital insider acquisition and correction. The reporting person purchased 21,012 shares of MacKenzie Realty Capital, Inc. common stock on 08/14/2025 at a weighted average price of $4.84, with actual prices in the range $4.75–$4.91. After the purchase, the reporting person is shown as beneficially owning 56,709 shares indirectly through MacKenzie Real Estate Advisers, LP, in which the filer owns an interest but disclaims direct beneficial ownership except to the extent of any pecuniary interest. The filing corrects an earlier reporting error that had listed the original purchase amount as 20,012 shares.
Positive
- Corrected disclosure of the originally misstated share amount (previously 20,012) improves transparency
- Insider purchase of 21,012 shares at a weighted average price of $4.84 signals purchaser conviction and adds to disclosed ownership
Negative
- Ownership is indirect through MacKenzie Real Estate Advisers, LP and the filer disclaims direct beneficial ownership except to extent of pecuniary interest, which limits clarity on control
Insights
TL;DR: Insider purchased 21,012 shares at ~$4.84; amendment corrects prior reporting error, signaling routine insider activity.
The transaction is a straightforward open-market acquisition reported on Form 4/A and reflects a modest insider purchase size relative to total beneficial holdings disclosed (56,709 shares indirect). The weighted average price of $4.84 and disclosed price range ($4.75–$4.91) show the trade occurred across multiple executions. This corrected filing improves transparency but does not by itself indicate a material change to company fundamentals or capital structure.
TL;DR: Amendment clarifies quantity error and confirms indirect ownership via adviser, a standard disclosure practice.
The Form 4/A clarifies an earlier misreported quantity (originally stated as 20,012) and explains that MacKenzie Real Estate Advisers, LP holds the shares and the reporting person has an interest in that adviser. The filing includes the required explanatory footnote and a disclaimer of direct beneficial ownership beyond pecuniary interest, aligning with customary Section 16 disclosure norms. This correction reduces record ambiguity for shareholders and regulators.
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.
