Chicago Atlantic (REFI) Exec Chairman John Mazarakis Buys Stock

What Happened John Mazarakis, Executive Chairman and Director of Chicago Atlantic Real Estate Finance, Inc. (REFI), reported a purchase of 145 shares on 2026-08-21 at $10.67 per share, for a total transaction value of $1,547. This was a purchase (code P), which is a direct acquisition of stock rather than a sale.

Key Details

• Transaction date and price: 2026-08-21 — 145 shares at $10.67 each.
• Total value: $1,547.
• Transaction type: Purchase (code P); listed as open market or private purchase.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — the reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
• Filing timeliness: Form 4 was filed 2026-08-25; this appears to be within the required two business-day reporting window.

Context

• The purchase is small in dollar terms and should be viewed as a routine insider buy rather than a large, directional trade.
• The footnote indicates Mazarakis disclaims beneficial ownership except for his economic (pecuniary) interest, which is common in situations where shares may be held by or through entities; it means he may not have full voting or dispositive control beyond his financial stake.