Form 4: Alpine Income Property Trust SVP Plans Stock Purchase

Alpine Income Property Trust's SVP & Chief Investment Officer, Steven Greathouse, plans to purchase 672 shares of common stock at $14.88 per share on September 11, 2025.

Summary

• Steven Robert Greathouse, the Senior Vice President & Chief Investment Officer of Alpine Income Property Trust, Inc. (PINE), plans to acquire common stock.
• The transaction is scheduled for September 11, 2025, and involves the purchase of 672 shares.
• The shares will be acquired at a price of $14.88 per share.
• Following this planned transaction, Mr. Greathouse will beneficially own 11,428 shares of common stock.
• The transaction is made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Mr. Greathouse also serves as SVP & Chief Investment Officer of CTO Realty Growth, Inc. and disclaims beneficial ownership of any Issuer equity securities beneficially owned by CTO or its affiliates.

Sentiment

Score: 7

Explanation: The planned purchase of company stock by a key executive indicates strong internal confidence in the company's valuation and future performance, especially as it's a pre-planned transaction under a 10b5-1 plan.

Positives

• The planned acquisition of company stock by a Senior Vice President and Chief Investment Officer signals strong management confidence in the company's future performance and current valuation.
• The transaction is part of a Rule 10b5-1 plan, indicating a pre-determined investment strategy by a key executive.

Future Outlook

The planned insider purchase by a key executive suggests an optimistic internal outlook on the company's future prospects and valuation, as the transaction is scheduled for a future date under a Rule 10b5-1 plan.

Management Comments

• Steven Greathouse, SVP & Chief Investment Officer, plans to acquire 672 shares of common stock at $14.88 per share, indicating a direct investment in the company's equity.

Industry Context

Insider buying, especially by a Chief Investment Officer, is generally viewed positively by the market as it signals management's belief in the company's intrinsic value and future growth potential, often outperforming broader industry trends or competitor performance.

Related Party Transactions

• Steven Greathouse also serves as the Senior Vice President & Chief Investment Officer of CTO Realty Growth, Inc. and disclaims beneficial ownership of any equity securities of Alpine Income Property Trust, Inc. that are or may be beneficially owned by CTO or any of its affiliates.

Stakeholder Impact

• Shareholders may view this planned insider purchase as a positive signal, potentially increasing investor confidence and demand for the stock.
• The transaction reinforces management's alignment with shareholder interests.

Next Steps

• The planned acquisition of 672 shares of common stock by Steven Greathouse is scheduled to occur on September 11, 2025.

Key Dates

Recommendation

The planned acquisition of shares by a Senior Vice President and Chief Investment Officer, particularly under a Rule 10b5-1 plan, suggests strong internal conviction regarding the company's future prospects and current valuation. This insider buying typically serves as a positive signal for investors, indicating management's belief that the stock is undervalued or poised for growth.

Keywords

Alpine Income Property Trust, PINE, Steven Greathouse, Insider Purchase, Stock Acquisition, 10b5-1 Plan, Real Estate Investment Trust, REIT