Alpine Income (PINE) Insider Purchase: CEO Adds 3,500 Shares
Rhea-AI Filing Summary
John P. Albright, identified as a director and as President and CEO, reported an insider purchase of 3,500 shares of Alpine Income Property Trust, Inc. (ticker: PINE) on 08/06/2025 at a weighted-average price of $14.2007 per share. After the reported transactions, Mr. Albright's direct beneficial ownership in the issuer is shown as 11,444 shares.
The filing notes the weighted-average price reflects multiple purchases between $14.17 and $14.21 and includes a disclosure that Mr. Albright also serves as an officer and director of CTO Realty Growth, Inc. and disclaims beneficial ownership of shares held by CTO or its affiliates.
Positive
- Insider purchase reported: CEO/President John P. Albright acquired 3,500 shares, indicating a disclosed personal purchase by a senior insider
- Transparent pricing detail: Filing reports a precise weighted-average price of $14.2007 and a purchase price range of $14.17–$14.21
Negative
- Beneficial ownership complexity: Mr. Albright disclaims beneficial ownership of shares held by CTO Realty Growth, Inc., which complicates assessment of total economic exposure
Insights
TL;DR: CEO purchased 3,500 shares at a weighted-average $14.2007, raising direct holdings to 11,444 shares.
The Form 4 documents a clear, open-market acquisition by John P. Albright totaling 3,500 common shares at a weighted-average price of $14.2007. The filing quantifies post-transaction direct ownership as 11,444 shares and specifies the purchase prices ranged from $14.17 to $14.21. From a reporting standpoint, this is a routine insider purchase disclosure; the size and value are explicit in the filing and suggest a measured acquisition rather than a block trade.
TL;DR: Disclosure includes an ownership disclaimer for CTO and documents the insider trade without additional governance actions.
The filing identifies Mr. Albright as both President and CEO and as a director of the issuer and records his acquisition of 3,500 shares. The explanatory note states he also serves as an officer and director of CTO Realty Growth, Inc. and disclaims beneficial ownership of any issuer shares held by CTO or its affiliates. This disclosure clarifies the boundary between his personal holdings and potential third-party holdings, as recorded on the Form 4.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,500 | $14.2007 | $50K |
Footnotes (1)
- The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.17 to $14.21, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Mr. Albright also serves as the President, CEO and member of the Board of Directors of CTO Realty Growth, Inc. ("CTO"). Mr. Albright disclaims beneficial ownership of all equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Albright is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates.
