Good Morton Carson 4
4 · Alpine Income Property Trust, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
PINE Director Good Morton Carson Receives 1,598-Share Award
What Happened
Good Morton Carson, a director of Alpine Income Property Trust, received 1,598 shares on April 1, 2026 as an award/compensation grant (transaction code A). The shares were reported at $18.77 per share for a reported total value of $29,988. This was a compensation issuance (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely within SEC reporting window).
- Shares issued: 1,598 at $18.77 per share; reported total value $29,988.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: Shares were issued under the issuer’s Non-Employee Director Compensation Policy as (i) the equity portion of Mr. Carson’s Q1 2026 quarterly retainer (~$17,500) and (ii) in lieu of the cash portion of $12,500; the share count was calculated using the 20-day trailing average closing price as of the last business day of the quarter ($18.7660). Policy adopted Feb 3, 2020 (last amended Jan 30, 2025).
Context
This is routine director compensation (equity retainer) rather than a market buy or sale, so it primarily reflects standard pay practices rather than a trading signal. Compensation grants are common for non-employee directors and typically do not directly indicate the director’s view of the stock.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1]2026-04-01$18.77/sh+1,598$29,988→ 26,723 total
Footnotes (1)
- [F1]These shares were issued to the Reporting Person as (i) the equity component of his Q1 2026 quarterly retainer fee (the value of such component being approximately $17,500) and (ii) in lieu of the cash component of his Q1 2026 quarterly retainer fee of $12,500, pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy") adopted by the Issuer's board of directors on February 3, 2020 (last amended January 30, 2025). Pursuant to the Policy, the share price utilized to calculate the number of shares issued was the 20-day trailing average closing price as of the last business day of the calendar quarter, or $18.7660.