Elias Wein Rachel 4
Research Summary
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Alpine Income (PINE) Director Elias Wein Rachel Receives Award
What Happened Director Elias Wein Rachel was issued 881 shares of Alpine Income Property Trust, Inc. (PINE) on July 1, 2026 as an equity component of her Q2 2026 quarterly retainer. The shares were valued at $19.86 each (20-day trailing average price of $19.85550), for a total value of approximately $17,493. This was an award/compensation issuance (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-07-01; 881 shares at $19.86 (20-day trailing average $19.85550).
- Total value: approximately $17,493 (rounded to ~$17,500 in the filing footnote).
- Reason: equity component of Q2 2026 quarterly retainer under the Issuer’s Non-Employee Director Compensation Policy (adopted Feb 3, 2020; last amended Jan 30, 2025).
- Shares owned after the transaction: not disclosed in the Form 4 filing.
- Filing timeliness: Reported and filed on 2026-07-01 (same-day filing; not indicated as late).
Context This was a compensation-related equity grant to a non-employee director, which is a routine corporate governance payment rather than a market-timing trade. Such awards are common for director compensation and do not by themselves indicate the insider’s view on the company’s stock.