4Filed Aug 17, 8:00 PM ET
Advanced Flower (AFCG) President Robyn Tannenbaum Buys 1,000 Shares
$AFCG · Advanced Flower Capital Inc.Research Summary
AI-generated summary of this SEC filing
Advanced Flower (AFCG) President Robyn Tannenbaum Buys 1,000 Shares
What Happened
- Robyn Tannenbaum, President and Chief Investment Officer of Advanced Flower Capital, purchased 1,000 shares on 2026-08-14 at $3.15 per share, for a total cost of $3,150. The transaction is reported on a Form 4 as a purchase (code P), indicating an acquisition rather than a sale.
Key Details
- Transaction date and price: 2026-08-14, 1,000 shares at $3.15 each (total ~$3,150).
- Filing date: Form 4 filed 2026-08-18 — within the typical two-business-day window for Form 4 filings (timely).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Holding/beneficial notes: Footnotes state the Reporting Person disclaims beneficial ownership (F1). The shares are held by the Tannenbaum Family Foundation (formerly Leonard M. Tannenbaum Foundation), for which the Reporting Person’s spouse is President; Robyn Tannenbaum disclaims ownership except to the extent of her pecuniary interest (F2).
- Transaction type: Open-market or private purchase (Form 4 purchase code P). No 10b5-1 plan, tax withholding, or option exercise noted in the provided details.
Context
- This is a small-value insider purchase (~$3.1k). Purchases can be informative, but small transactions may reflect personal or foundation-level allocations rather than a strong directional signal. Note the foundation holding and the reporting person’s disclaimer — the shares may be owned by a related foundation rather than held directly by the insider.