Gordon Peter 4
Research Summary
AI-generated summary
AB Commercial RE Private Debt Fund Director Gordon Peter Commits to Buy Units
What Happened
Gordon Peter, a director of AB Commercial Real Estate Private Debt Fund, filed a Form 4 showing a purchase-type transaction. The Form 4 reports 0 units at $0.00 (open market/private purchase) because the actual issuance depends on a capital contribution: Mr. Gordon is obligated to contribute $16,125 on or around July 1, 2026 in response to a June 22, 2026 capital call. The Fund will issue limited liability company Units once the contribution is funded; the number of Units to be issued is currently unknown and will be reported in an amendment.
Key Details
- Transaction date: June 22, 2026 (capital call delivered); expected funding ~July 1, 2026
- Reported on Form 4: Purchase (code P) — 0 units at $0.00 (placeholder until units issued)
- Cash committed: $16,125.00 (per filing footnote)
- Units to be issued: Unknown as of filing; Form 4 will be amended when amount is determined
- Filing timeliness: Filed June 24, 2026 for a June 22, 2026 notice — appears timely (Form 4s are typically due within 2 business days)
Context
- This is a capital contribution to receive LLC Units in a private fund, not a public stock trade. The Form 4 shows 0 units currently because issuance is contingent on funding and final unit count.
- Purchases (or commitments to purchase) can be a positive signal that an insider is investing, but here the exact economic exposure (number of Units) is not yet disclosed — watch for the amended filing for precise ownership impact.