Chicago Atlantic BDC (LIEN) President Bernardino Buys 1,000 Shares

What Happened

• Bernardino Colonna, President of Chicago Atlantic BDC (ticker: LIEN), made two open‑market purchases (transaction code P), acquiring a total of 1,000 shares. He bought 250 shares on 2026-08-28 at $10.18 each ($2,545) and 750 shares on 2026-08-31 at a reported weighted-average price of $10.25 each ($7,685). Total cash outlay across both trades was about $10,230. These were purchases (insider buys), not sales.

Key Details

• Transaction dates and prices:
  • 2026-08-28: 250 shares @ $10.18 = $2,545
  • 2026-08-31: 750 shares @ weighted-average $10.25 = $7,685 (prices ranged $10.23–$10.28 per footnote)
• Transaction type: Open-market/private purchases (code P)
• Shares owned after transaction: Not provided in the excerpt of the filing
• Footnote: The 750-share price is a weighted-average of multiple executions (range $10.23–$10.28). The reporting person offers to provide the per-price breakdown on request to the issuer, any security holder, or the SEC staff.
• Filing/timeliness: Form filed 2026-09-01 covering trades on Aug 28 and Aug 31. The provided excerpt does not show a late‑filing flag; check the full SEC filing for timeliness details.

Context

• Insider purchases can signal personal confidence but do not guarantee future performance. The total purchase here (~$10.2k) is relatively modest for an executive; treat it as one data point among other fundamentals and filings.