Form 4: Chicago Atlantic BDC CEO Peter Sack Reports Stock Transactions
SEC Form 4 Filing
Peter Sack, CEO of Chicago Atlantic BDC, reports acquiring and disposing of company stock through various transactions, including an in-kind distribution.
Summary
- Peter Sack, the CEO of Chicago Atlantic BDC, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On April 8, 2025, he acquired 100 shares of common stock at a price of $10.98 per share.
- On April 9, 2025, he acquired 3,118 shares through an in-kind distribution from Chicago Atlantic Loan Portfolio, LLC (CALP) at no cost, and disposed of 3,318 shares.
- On April 10, 2025, he acquired 100 shares at $10.82 per share, resulting in a total of 3,418 shares beneficially owned.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by an insider, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Peter Sack acquired 100 shares of common stock at $10.98 per share. |
| 04/09/2025 | Peter Sack acquired 3,118 shares via in-kind distribution and disposed of 3,318 shares. |
| 04/10/2025 | Peter Sack acquired 100 shares of common stock at $10.82 per share. |
| 04/10/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Chicago Atlantic BDC, Peter Sack, LIEN, In-kind Distribution
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