Form 4: Alpine Income Property Trust Director Rachel Elias Wein Acquires Shares as Part of Quarterly Retainer
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
| Date | Description |
|---|---|
| February 3, 2020 | Date the Issuer's Non-Employee Director Compensation Policy was adopted by the Issuer's board of directors. |
| January 30, 2025 | Date the Issuer's Non-Employee Director Compensation Policy was last amended. |
| April 1, 2025 | Date 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
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