Alpine Income Property Trust: director Andrew C Richardson received 969 shares

What happened Andrew C Richardson, a director, received 969 shares as a grant/award at $18.06 per share on Oct 1, 2026, with a total value reported as $17,498. The filing's footnote states the shares were issued as the equity component of his Q3 2026 quarterly retainer under the issuer's non-employee director compensation policy; the number of shares was calculated using the 20-day trailing average closing price of $18.0580 as of the last business day of the calendar quarter.

Key details

• Transaction date and price: Oct 1, 2026; award of 969 shares at $18.06 per share (calculation price $18.0580).
• Total value reported: $17,498.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnote: shares issued as equity component of Q3 2026 quarterly retainer under the Policy adopted Feb 3, 2020 (last amended Jan 30, 2025).
• Filing date and timeliness: Form filed Oct 2, 2026 for the Oct 1, 2026 transaction (filing does not indicate lateness).

Why it may matter

• Award/grant: these shares were issued as compensation under the issuer's policy and were not a market purchase or sale.
• This filing does not show why the insider traded or why the company acted.