4/A: CEO Boosts Stake in MacKenzie Realty Capital

MacKenzie Realty Capital CEO Robert E. Dixon increased his beneficial ownership through recent stock purchases and disclosed holdings after a reverse stock split.

Summary

• CEO Robert E. Dixon acquired 22,559 shares of MacKenzie Realty Capital Inc. common stock on August 6, 2025, at a weighted average price of $4.31 per share, with prices ranging from $4.18 to $4.50.
• An additional 7,949 shares were acquired on August 7, 2025, at a weighted average price of $4.64 per share, with prices ranging from $4.51 to $4.76.
• These purchases were made indirectly through MacKenzie Real Estate Advisers, LP (MREA), bringing the total indirect ownership through MREA to 30,508 shares.
• All reported share amounts, including direct holdings of 23,151 shares and indirect holdings of 5,569 shares through MPF Successors, LP, are after a 1-for-10 reverse stock split effective August 4, 2025.
• The transactions were conducted pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.

Sentiment

Score: 7

Explanation: The CEO's increased stake through open market purchases, even if pre-planned, generally signals confidence in the company's valuation and future prospects, which is a positive indicator for investors.

Positives

• CEO Robert E. Dixon increased his beneficial ownership in the company, signaling confidence in its future prospects and aligning management interests with shareholders.
• The transactions were executed under a Rule 10b5-1(c) plan, indicating pre-planned, non-discretionary purchases rather than opportunistic trading.

Future Outlook

This filing, a Form 4/A, reports insider transactions and does not provide forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The reporting person disclaims beneficial ownership of the securities referred to herein (held by MacKenzie Real Estate Advisers, LP and MPF Successors, LP) except to the extent of the filer's pecuniary interest in such securities.

Industry Context

This insider transaction filing provides specific details on a corporate officer's stock purchases, which is a common occurrence across industries. It does not offer broader insights into MacKenzie Realty Capital's specific industry trends or competitive landscape, but insider buying can be a general indicator of management's perception of value within their respective sector.

Corporate Governance

Stakeholder Impact

• Shareholders: The increase in beneficial ownership by the CEO may be viewed positively, as it suggests management's confidence in the company's value and future performance, potentially boosting investor sentiment.

Next Steps

• The reporting person undertakes to provide full information regarding the number of shares purchased at each separate price within the reported ranges upon request to MacKenzie Realty Capital, Inc., any security holder, or the SEC staff.

Key Dates

Recommendation

The CEO's decision to increase his stake in MacKenzie Realty Capital, Inc. through open market purchases, even under a 10b5-1 plan, is a positive signal of management's confidence in the company's future. However, a Form 4 filing provides limited financial and operational details, so a comprehensive investment decision would require reviewing broader financial statements and market conditions. This filing primarily indicates alignment of interests between management and shareholders, supporting a 'hold' position for existing investors and a signal for potential new investors to conduct further due diligence.

Keywords

MacKenzie Realty Capital, MKZR, insider trading, Form 4, stock purchase, CEO, beneficial ownership, reverse stock split, 10b5-1 plan, real estate investment