MKZR insider purchases raise indirect holdings to 86,855 shares
Rhea-AI Filing Summary
MacKenzie Realty Capital, Inc. (MKZR) director and general counsel Charles E. Patterson II reported multiple open-market purchases of common stock on 10/02/2025 and 10/03/2025. The filings show incremental acquisitions of 4,000, 4,000, 4,000, 2,000 and 1,000 shares at prices ranging from $5.00 to $5.10, increasing reported indirect beneficial ownership to 86,855 shares following the final reported trade. The report notes these shares are held indirectly through advisory vehicles — MacKenzie Real Estate Advisers, LP and MPF Successors, LP — and the filer disclaims direct beneficial ownership except to the extent of his pecuniary interest. The form is signed by an attorney-in-fact on behalf of Mr. Patterson.
Positive
- Material insider buying: multiple purchases totaling 15,000 shares at $5.00–$5.10
- Increased reported beneficial ownership to 86,855 shares, indicating larger adviser-level holdings
Negative
- Indirect ownership structure through MacKenzie Real Estate Advisers, LP and MPF Successors, LP limits clarity on direct control
- No direct purchase disclosure by the individual — the filer disclaims beneficial ownership except for pecuniary interest
Insights
Insider purchases signal management-level buying, held indirectly through adviser entities.
The reporter is both a director and the company's general counsel/secretary, and the transactions are recorded as purchases of common stock on 10/02/2025 and 10/03/2025. The shares are reported as held indirectly via MacKenzie Real Estate Advisers, LP and MPF Successors, LP, which affects how control and voting influence are interpreted.
Watch short-term patterns in subsequent filings over the next quarter to see if indirect holdings are converted to direct holdings or if similar purchases continue, which could change governance dynamics.
Reported open-market buys total 15,000 shares at roughly $5.00–$5.10 per share.
The table lists acquisitions of 4,000, 4,000, 4,000, 2,000 and 1,000 shares with prices between $5.00 and $5.10, moving reported beneficial ownership to 86,855 shares after the final trade. Transactions were reported on two consecutive dates, indicating clustered purchasing activity.
Monitor upcoming Form 4s for any exercises, sales, or further purchases and compare reported prices to market quotes on 10/02/2025 and 10/03/2025 to assess execution context within the next 30 days.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | MacKenzie Realty Capital Inc. Common Stock | 1,000 | $5.10 | $5K |
| Purchase | MacKenzie Realty Capital Inc. Common Stock | 4,000 | $5.10 | $20K |
| Purchase | MacKenzie Realty Capital Inc. Common Stock | 4,000 | $5.05 | $20K |
| Purchase | MacKenzie Realty Capital Inc. Common Stock | 4,000 | $5.00 | $20K |
| Purchase | MacKenzie Realty Capital Inc. Common Stock | 2,000 | $5.09 | $10K |
| holding | MacKenzie Realty Capital Inc. Common Stock | -- | -- | -- |
Footnotes (1)
- 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. MPF Successors, LP ("MPF") acquired shares of MacKenzie Realty Capital, Inc. ("MRC"). The filer owns an interest in MPF and therefore could be deemed to beneficially own the MRC shares acquired by MPF, but disclaims beneficial ownership of the securities referred to herein except to the extent of the filer's pecuniary interest in such securities.
