Richardson Andrew C 4
4 · Alpine Income Property Trust, Inc. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
PINE Director Andrew C. Richardson Sells Shares
What Happened
Andrew C. Richardson, a director of Alpine Income Property Trust, sold a total of 2,000 shares in open-market transactions. He sold 500 shares on 2026-05-22 at $18.87 for $9,435, and 1,500 shares on 2026-05-26 at a weighted-average price reported as $19.39 for $29,079, for combined proceeds of about $38,514. These were sales (dispositions), which are often routine insider liquidity events rather than explicit signals of company performance.
Key Details
- Transaction dates and prices: 2026-05-22 — 500 shares @ $18.87 ($9,435); 2026-05-26 — 1,500 shares @ $19.39 (weighted avg) ($29,079).
- Footnote: The $19.39 price is a weighted-average; the May 26 shares were sold across prices ranging from $19.315 to $19.41. The filer offers to provide a price-by-price breakdown on request.
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: The Form 4 was filed on 2026-05-27. The May 26 trade was reported promptly; the May 22 sale appears to have been filed after the typical two-business-day Form 4 deadline.
Context
This filing documents outright open-market sales (code S). Sales are common for insiders for diversification or personal liquidity and are generally less informative than purchases when assessing insider sentiment. No 10b5-1 plan, gift, or option exercise is referenced in the provided information.
Insider Transaction Report
- Sale
Common Stock, par value $0.01 per share
2026-05-22$18.87/sh−500$9,435→ 13,876 total - Sale
Common Stock, par value $0.01 per share
[F1]2026-05-26$19.39/sh−1,500$29,079→ 12,376 total
Footnotes (1)
- [F1]The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $19.315 to $19.41, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.