MacKenzie Realty (MKZR) GC Charles Patterson Buys 33,400 Shares
$MKZR · MacKenzie Realty Capital, Inc.Research Summary
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MacKenzie Realty (MKZR) GC Charles Patterson Buys 33,400 Shares
What Happened
Charles E. Patterson II, General Counsel/Secretary and a director of MacKenzie Realty Capital, Inc. (MKZR), acquired a total of 33,400 common shares in two open-market purchases: 10,000 shares on 2026-08-07 at a weighted average price of $1.59 (about $15,900) and 23,400 shares on 2026-08-10 at a weighted average price of $1.60 (about $37,440). These were purchases (insider buys), which are often viewed as a more informative signal than routine sales but do not by themselves indicate motive.
Key Details
- Transaction dates and amounts:
- 2026-08-07 — Purchase of 10,000 shares, weighted avg price $1.59; total ≈ $15,900. (See footnote F1: actual trades ranged $1.55–$1.65.)
- 2026-08-10 — Purchase of 23,400 shares, weighted avg price $1.60; total ≈ $37,440. (See footnote F2: actual trades ranged $1.44–$1.64.)
- Total consideration for both buys: ≈ $53,340.
- Shares owned after transaction: Not stated in the filing excerpt provided — check the full Form 4 for post-transaction beneficial ownership totals.
- Notable footnotes:
- F1/F2: Reported prices are weighted averages across multiple trades; the filer can provide a breakdown on request.
- F3–F5: Disclosures that the filer may be deemed to beneficially own shares held by certain trusts/partnerships (Berniece Patterson Legacy Trust, MacKenzie Real Estate Advisers, LP, MPF Successors, LP) but disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing date vs. transaction dates: Form filed 2026-08-10 reporting transactions on 2026-08-07 and 2026-08-10. Form 4s are generally required within two business days of a reportable transaction — review the full filing for any timeliness notation.
Context
These were open-market purchases (transaction code P). Purchases by corporate insiders are factual disclosures of ownership changes; they do not prove future company performance. For more detail (exact per-trade prices, post-transaction holdings, or timeliness status), consult the complete Form 4 filing (Accession: 0001582328-26-000010).