Advanced Flower Capital (AFCG) 10% Owner Leonard Tannenbaum Buys Stock
$AFCG · Advanced Flower Capital Inc.Research Summary
AI-generated summary of this SEC filing
Advanced Flower Capital (AFCG) 10% Owner Leonard Tannenbaum Buys Stock
What Happened
Leonard M. Tannenbaum, a 10% owner, reported an open-market purchase of 45,829 shares of Advanced Flower Capital, acquired at a weighted-average price of $3.06 per share for a total of $140,237. This was a purchase (a bullish action relative to selling), executed across multiple trades.
Key Details
- Transaction date: 2026-08-14; Form 4 filed 2026-08-17 (filed within required reporting window).
- Price: weighted-average $3.06; trades ranged from $3.01 to $3.13 (footnote F1).
- Shares acquired: 45,829; aggregate value reported: $140,237.
- Shares owned after transaction: not specified in the provided filing.
- Notable footnotes: F1 (multiple trades; weighted-average price; reporting person will provide full trade breakdown on request), F2 (disclaims beneficial ownership), F3 (shares held by the Tannenbaum Family Foundation; Reporting Person is President and disclaims beneficial ownership except for pecuniary interest).
Context
Tannenbaum is reported as a 10% owner and the purchased shares are held by the Tannenbaum Family Foundation; the filing disclaims direct beneficial ownership except to the extent of any pecuniary interest. For retail investors, purchases by large shareholders can be informative, but note the foundation holding and the disclaimer—this filing documents the acquisition but does not necessarily represent direct executive trading.