4/A: CTO Realty Growth Amends Filing on Alpine Income Property Trust Shares

CTO Realty Growth files an amended Form 4 to correct the date of the earliest transaction regarding Alpine Income Property Trust shares.

Summary

• CTO Realty Growth, Inc. has filed an amended Form 4 with the SEC regarding its transactions in Alpine Income Property Trust, Inc. (PINE) shares.
• The amendment corrects the 'Date of Earliest Transaction' to June 27, 2024, from the previously incorrect date of June 27, 2023, in the original filing on June 28, 2024.
• On June 27, 2024, CTO Realty Growth purchased 7,959 shares of PINE common stock at a weighted-average price of $14.9693 per share, with prices ranging from $14.89 to $15.00.
• Following the reported transaction, CTO Realty Growth directly owns 935,703 shares and indirectly owns 190,094 shares through its wholly-owned subsidiary, CTO TRS Crisp39 LLC.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a routine amendment to a filing. The purchase of shares could be seen as a slightly positive signal, but the amendment itself is simply a correction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell shares. This filing indicates CTO Realty Growth's ongoing investment in Alpine Income Property Trust.

Stakeholder Impact

• The filing provides transparency to shareholders of Alpine Income Property Trust regarding the transactions of a significant shareholder, CTO Realty Growth.

Key Dates