[Form 4] Sachem Capital Corp. 7.75% Notes due 2025 Insider Trading Activity

Rhea-AI Filing Summary

Jeffery C. Walraven, identified as Executive Vice President and Chief Financial Officer, reported a purchase of 236,220 common shares of Sachem Capital Corp. on 09/03/2025. The transaction is recorded as an acquisition with a price shown as $0 (not applicable per the filing). After the reported transaction Mr. Walraven beneficially owned 256,220 shares in a direct ownership form. The filing is a Form 4 statement of changes in beneficial ownership signed by the reporting person on 09/05/2025.

Positive

• Significant insider purchase disclosed: 236,220 common shares acquired, increasing the CFO's direct holdings to 256,220 shares.
• Timely compliance: Form 4 was signed and filed, providing required transparency about insider ownership changes.

Negative

• None.

Insights

Financial Analyst

TL;DR Insider acquisition of 236,220 shares by the CFO increases direct stake to 256,220 shares, a potentially supportive signal to investors.

The Form 4 discloses a sizable non-derivative acquisition executed on 09/03/2025 that raised the reporting person's direct holdings. The filing lists the transaction price as $0 with an explanatory note of not applicable; the absence of a cash price in the filing limits interpretation of economic terms. From a capital-structure perspective, this increases insider-aligned ownership but the filing does not state percentage ownership or relation to outstanding shares, which constrains assessment of scale.

Corporate Governance Expert

TL;DR A senior officer disclosed a direct purchase increasing his holdings, which is a governance-affirming disclosure but lacks pricing context.

The report is timely and properly executed as a Form 4, signed on 09/05/2025, and shows direct beneficial ownership following the transaction. The documentation meets Section 16 reporting requirements by identifying role (EVP and CFO) and the exact share counts. However, the filing omits a monetary price (marked $0 with note), so stakeholders cannot determine whether the shares were purchased, issued, awarded, or transferred under another arrangement from this form alone.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Walraven Jeffery C

(Last) (First) (Middle)

C/O 568 EAST MAIN STREET

(Street)

BRANFORD CT 06405

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sachem Capital Corp. [ SACH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares, par value $0.001 per share	09/03/2025		A		236,220	A	$0(1)	256,220	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Not applicable.

Remarks:

	/s/ Jeffery C. Walraven	09/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 filed by Jeffery C. Walraven report?

The filing reports that Jeffery C. Walraven, EVP and CFO, acquired 236,220 common shares of Sachem Capital Corp. on 09/03/2025, bringing his direct holdings to 256,220 shares.

What price was reported for the shares purchased on the Form 4?

The filing lists the price as $0 with a note stating not applicable, so the Form 4 does not provide a cash purchase price.

When was the Form 4 signed by the reporting person?

The Form 4 bears the reporting person's signature dated 09/05/2025.

Does the Form 4 show indirect ownership or derivative transactions?

No. The filing shows direct ownership for the common shares and contains no entries in the derivatives section.

What role does the reporting person hold at the issuer?

The Form 4 identifies the reporting person as an Executive Vice President and Chief Financial Officer of Sachem Capital Corp.