Form 4: Executive Acquires Additional Shares in MacKenzie Realty Capital Through DRIP and Open Market Purchase

Jeri Ruth Bluth, Chief Compliance Officer of MacKenzie Realty Capital, Inc., reports acquiring additional shares through a dividend reinvestment program (DRIP) and an open market purchase.

Summary

• Jeri Ruth Bluth, Chief Compliance Officer of MacKenzie Realty Capital, Inc. (MKZR), filed a Form 4 detailing changes in beneficial ownership.
• On May 1, 2016, Ms. Bluth acquired 187.84 shares of MacKenzie Realty Capital Inc. common stock through a dividend reinvestment program (DRIP) at a price of $8.93 per share.
• Additionally, Ms. Bluth indirectly owns 566.94 shares through MPF Successors, LP, in which she holds an interest.
• Ms. Bluth also purchased shares in the open market between $7.38 and $10.00.
• The reported price of $8.93 reflects the weighted average purchase price.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. The DRIP participation could be seen as slightly positive, indicating confidence.

Positives

• The acquisition of shares through DRIP indicates confidence in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors as they can provide insights into management's views on the company's prospects.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates