Gordon Peter 4/A
Research Summary
AI-generated summary
AB Commercial Real Estate CEO Gordon Peter Buys $15,000 of Units
What Happened
- Gordon Peter, CEO of AB Commercial Real Estate Private Debt Fund, LLC, made a purchase (code P) of 1,607.631 Units on 2026-03-25 at $9.33 per Unit, for a total of $15,000. This filing is an amendment to update the originally reported figures and beneficial ownership following a $15,000 capital contribution made April 1, 2026. The transaction increased his holdings in the fund (Units in an LLC structure, not publicly traded common stock).
Key Details
- Transaction date and price: 2026-03-25 — 1,607.631 Units at $9.33 per Unit (total $15,000).
- Filing: Amended Form 4 filed 2026-05-22 to disclose amount acquired, price, and post-contribution ownership; initial Form 4 did not include calculable amounts.
- Beneficial ownership after transaction: not explicitly shown in the provided excerpt. Footnote disclosure lists prior/reinvested Unit acquisitions totaling 536.812 Units (205.904 Units on 11/19/2025; 141.115 Units on 01/29/2026; 189.793 Units on 05/20/2026) that are included in holdings.
- Transaction code: P (purchase). No 10b5-1, gift, option exercise, or tax-withholding language is indicated in the excerpt.
Context
- This is a purchase of private fund LLC Units (a capital contribution), a routine way insiders increase ownership in private/pooled vehicles; purchases can be more informative than sales but do not by themselves indicate future performance.
- The amendment clarifies reporting details after a capital contribution; investors should note the difference between Units in a private fund and publicly traded shares when assessing insider activity.