MacKenzie Realty Capital (MKZR) Treasurer Glen W. Fuller Buys Stock
$MKZR · MacKenzie Realty Capital, Inc.Research Summary
AI-generated summary of this SEC filing
MacKenzie Realty Capital (MKZR) Treasurer Glen W. Fuller Buys Stock
What Happened
Glen W. Fuller, Treasurer of MacKenzie Realty Capital, purchased a total of 66,600 shares of MKZR in two open-market transactions (reporting code P). On July 31, 2026 he acquired 36,600 shares at a reported weighted-average price of $1.41 for about $51,606; on August 3, 2026 he bought 30,000 shares at a reported weighted-average price of $1.20 for about $36,000. These were purchases (not sales), which some investors view as a more informative signal than routine selling, though no motive is stated.
Key Details
- Transaction dates and reported prices:
- 2026-07-31: 36,600 shares @ $1.41 (weighted avg) ≈ $51,606. (Footnote F1: actual trades priced between $1.21–$1.50.)
- 2026-08-03: 30,000 shares @ $1.20 (weighted avg) ≈ $36,000. (Footnote F2: actual trades priced between $1.10–$1.29.)
- Total acquired: 66,600 shares for about $87,606.
- Filing: Form 4 filed 2026-08-04 covering the July 31 and Aug 3 transactions; filing date is consistent with Form 4 timing rules (filed within required business-day window).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Beneficial-ownership notes (F3–F5): the filer is identified as a beneficiary or interest-holder of certain trusts/entities (Berniece Patterson Legacy Trust, MacKenzie Real Estate Advisers, LP, MPF Successors, LP) and could be deemed to beneficially own shares held by those entities, but disclaims beneficial ownership except to the extent of pecuniary interest.
- Weighted-average pricing: Footnotes F1 and F2 state reported prices are weighted averages across multiple trades and the filer will provide a price-by-price breakdown on request.
Context
These entries are straightforward open-market purchases (code P). For retail investors, purchases by officers can be of interest as one data point about insider activity, but they do not prove future company performance. No options exercises, gifts, or tax-withholding events are involved in these transactions.