Form 4: Alpine Income Property Trust Director Rachel Elias Wein Acquires Shares as Part of Quarterly Retainer

Sentiment:

SEC Form 4


Director Rachel Elias Wein acquired 1,069 shares of Alpine Income Property Trust as part of her Q1 2025 quarterly retainer fee.

Summary

  • On April 1, 2025, Rachel Elias Wein, a director of Alpine Income Property Trust, acquired 1,069 shares of common stock.
  • The shares were issued as the equity component of her Q1 2025 quarterly retainer fee, valued at approximately $17,500.
  • The price per share was calculated using the 20-day trailing average closing price as of the last business day of the quarter, which was $16.356.
  • Following the transaction, Ms. Wein directly owns 10,561 shares of Alpine Income Property Trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as the transaction is part of a pre-defined compensation plan. It shows alignment of interests but doesn't necessarily indicate exceptional performance or risk.

Positives

  • The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Director share acquisitions are common and often tied to compensation policies, aligning director interests with shareholder value.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

DateDescription
February 3, 2020Date the Issuer's Non-Employee Director Compensation Policy was adopted by the Issuer's board of directors.
January 30, 2025Date the Issuer's Non-Employee Director Compensation Policy was last amended.
April 1, 2025Date of the transaction where Rachel Elias Wein acquired shares.

Keywords

Alpine Income Property Trust, Director, Rachel Elias Wein, Share Acquisition, Form 4, Retainer Fee, Equity Compensation, PINE

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.