Wadleigh Brenna Andrea 4
4 · Alpine Income Property Trust, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Alpine Income (PINE) Director Wadleigh Brenna Andrea Receives 1,510-Share Award
What Happened Wadleigh Brenna Andrea, a director of Alpine Income Property Trust, received an award of 1,510 shares on 2026-07-01 as part of her Q2 2026 non-employee director compensation. The filing reports a per-share value of $19.86 (totaling $29,982); the company used a 20-day trailing average price of $19.85550 to calculate the share amount. The issuance comprised the equity portion (≈ $17,500) of her quarterly retainer and shares issued in lieu of the $12,500 cash portion.
Key Details
- Transaction date: 2026-07-01 (report filed same day: 2026-07-01). Transaction code: A (award/grant).
- Shares issued: 1,510 shares; reported per-share value $19.86; total reported value $29,982.
- Calculation price: 20-day trailing average closing price as of the last business day of the quarter = $19.85550 (per footnote).
- Shares owned after the transaction: not provided in the supplied filing excerpt.
- Footnote: Shares issued under the Issuer's Non-Employee Director Compensation Policy (adopted Feb 3, 2020; last amended Jan 30, 2025). The award replaced the cash retainer portion and represented the equity component of the quarterly fee.
- Filing timeliness: appears filed same day as the transaction (not indicated as late).
Context This was a routine director compensation issuance (equity retainer plus shares in lieu of cash), not an open-market purchase or sale. Such awards are common for non-employee directors and are compensation-related rather than an explicit trading signal about the director’s view of the company.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1]2026-07-01$19.86/sh+1,510$29,982→ 11,257 total
Footnotes (1)
- [F1]These shares were issued to the Reporting Person as (i) the equity component of her Q2 2026 quarterly retainer fee (the value of such component being approximately $17,500) and (ii) in lieu of the cash component of her Q2 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 $19.85550.