Chicago Atlantic chair buys 145 shares at $10.67
Rhea-AI Filing Summary
Chicago Atlantic Real Estate Finance, Inc. (REFI) reported an insider purchase by Executive Chairman John Mazarakis. On 2026-08-21 he purchased 145 shares of common stock at $10.67 per share, bringing his direct holdings to 478,851 shares. He is also reported as having indirect holdings of 5,000 shares by his spouse and 31,524 shares through Joppa Seasoning, LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. The Rule 10b5-1 checkbox was not marked as being pursuant to a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 145 shares
Net Buy
3 txns
Insider
Mazarakis John
Role
Executive Chairman
Bought
145 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 145 | $10.67 | $2K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 478,851 shares (Direct);
Common Stock — 5,000 shares (Indirect, By Spouse);
Common Stock — 31,524 shares (Indirect, Held through ownership of interests in Joppa Seasoning, LLC)
Footnotes (1)
- F1. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
Key Figures
Shares purchased: 145 shares
Purchase price per share: $10.67 per share
Direct holdings after transaction: 478,851 shares
+2 more
5 metrics
Shares purchased
145 shares
Common Stock purchased on 2026-08-21
Purchase price per share
$10.67 per share
Common Stock purchase on 2026-08-21
Direct holdings after transaction
478,851 shares
Common Stock directly owned by John Mazarakis following purchase
Indirect holdings by spouse
5,000 shares
Common Stock held indirectly by spouse
Indirect holdings via Joppa Seasoning, LLC
31,524 shares
Common Stock held indirectly through LLC interests
Key Terms
beneficial ownership, pecuniary interest, indirect
3 terms
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
indirect financial
"Indirect ownership noted as By Spouse and through Joppa Seasoning, LLC"
FAQ
What did REFI Executive Chairman John Mazarakis report in this Form 4?
He reported a purchase of 145 REFI common shares on 2026-08-21 at $10.67 per share, increasing his direct holdings to 478,851 shares, plus reported indirect holdings through his spouse and an LLC.
Was the REFI insider purchase made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is unchecked, indicating the reported 145-share purchase of REFI common stock on 2026-08-21 was not affirmed as made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
