Kite David 4
4 · Chicago Atlantic Real Estate Finance, Inc. · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
Chicago Atlantic (REFI) President/COO David Kite Receives Award
What Happened David Kite, President and Chief Operating Officer of Chicago Atlantic Real Estate Finance, Inc. (REFI), was granted 37,099 restricted shares of common stock on April 20, 2026. The award is recorded at $0.00 per share (total $0) because it is a restricted stock grant rather than an open-market purchase. This is a compensation award, not a purchase or sale.
Key Details
- Transaction type: Award/Grant (code A) of restricted stock
- Transaction date: April 20, 2026; Form 4 filed April 22, 2026 (timely filing)
- Shares granted: 37,099 restricted shares; reported acquisition price $0.00 (award)
- Vesting: 3-year vesting schedule — one-third vests after 12, 24 and 36 months (per footnote)
- Shares owned after transaction: Not specified in the provided summary of the filing
- Footnote: Grant made under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan; vesting schedule as noted above
Context Restricted stock awards are compensatory (to align executive incentives with shareholder interests) and do not directly signal an immediate buying or selling decision. Unlike open-market purchases, these grants reflect company compensation practices and will only translate to freely tradable shares as they vest.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-20+37,099→ 96,615 total
Footnotes (1)
- [F1]On April 20, 2026, Mr. Kite was awarded 37,099 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 37,099 restricted shares of common stock will vest over a three-year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.