Form 4: Chicago Atlantic Real Estate Finance Director Steiner Acquires Shares Through Stock Award and Dividend Reinvestment

Director Michael L. Steiner reports acquisition of shares in Chicago Atlantic Real Estate Finance through a restricted stock award and dividend reinvestment.

Summary

• On April 1, 2025, Michael L. Steiner, a director of Chicago Atlantic Real Estate Finance, Inc., acquired 5,071 shares of common stock through a restricted stock award under the company's 2021 Omnibus Incentive Plan.
• These shares will vest over a one-year period.
• Steiner's holdings also include shares distributed by Chicago Atlantic Management, LLC and Chicago Atlantic CRE Manager, LLC, related to the distribution of shares held by Chicago Atlantic Fund, LLC and Chicago Atlantic CRE Holdings, LLC to their members.
• Additionally, Steiner acquired shares through the company's dividend reinvestment plan.
• Following these transactions, Steiner's total beneficial ownership amounts to 274,109 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, neither particularly positive nor negative. It simply reports transactions.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
• The dividend reinvestment plan allows shareholders to increase their stake in the company.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a company director.

Key Dates

Keywords

Chicago Atlantic Real Estate Finance, REFI, Michael L. Steiner, Director, Stock Award, Dividend Reinvestment, Beneficial Ownership, Form 4