Wadleigh Brenna Andrea 4

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.