Sack Peter 4

What Happened

• Peter Sack, CEO of Chicago Atlantic Real Estate Finance, Inc. (REFI), was granted 37,099 restricted shares of common stock on 2026-04-20. The award was reported on a Form 4 filed 2026-04-22 (Accession: 0001213900-26-046826). The shares were issued at $0.00 (award/grant, transaction code A) and therefore involved no cash purchase.

Key Details

• Transaction date: 2026-04-20; Filing date: 2026-04-22 (timely; Form 4 is typically due within two business days).
• Price paid: $0.00 (award/grant).
• Shares granted: 37,099 restricted shares.
• Shares owned after transaction: Not disclosed in the provided filing data.
• Footnote: The 37,099 restricted shares vest over three years — one-third after 12 months, one-third after 24 months, and one-third after 36 months (per award agreement).
• Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding, or late-filing flags noted in the provided information.

Context

• This was an equity award (restricted stock) for compensation/retention purposes rather than an open-market purchase or sale. Restricted shares vest over time and are subject to forfeiture if vesting conditions are not met; they do not necessarily indicate immediate buying or selling intent.