4/A: MacKenzie Realty Capital CEO Corrects Share Purchase

MacKenzie Realty Capital's CEO, Robert E. Dixon, amended a Form 4 filing to correct the number of shares acquired indirectly through MacKenzie Real Estate Advisers, LP.

Summary

• Robert E. Dixon, CEO and President of MacKenzie Realty Capital, Inc. (MKZR), filed an amended Form 4.
• The amendment corrects an error in a previously reported transaction, changing the acquired amount from 20,012 shares to 21,012 shares.
• The transaction involved the acquisition of 21,012 shares of MacKenzie Realty Capital Inc. Common Stock on August 14, 2025.
• Shares were purchased at a weighted average price of $4.84, with individual transaction prices ranging from $4.75 to $4.91.
• Following this transaction, Dixon's indirect beneficial ownership stands at 56,709 shares.
• The shares were acquired indirectly by MacKenzie Real Estate Advisers, LP, in which Dixon holds an interest.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive due to the insider purchase, indicating management confidence, despite the administrative correction. It's a routine disclosure with no significant negative implications.

Positives

• The CEO's indirect acquisition of additional shares, even if a correction, indicates continued investment and alignment with shareholder interests.
• The purchase price range of $4.75 to $4.91 suggests management sees value at or around the current market price.

Negatives

• The need for an amendment due to an error in the original filing could suggest minor administrative oversight, though it was promptly corrected.

Future Outlook

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

Management Comments

• Robert E. Dixon disclaims beneficial ownership of the securities referred to herein except to the extent of his pecuniary interest in such securities, as the shares were acquired by MacKenzie Real Estate Advisers, LP.

Industry Context

This insider transaction reflects a routine disclosure of a change in beneficial ownership by a key executive. Such filings are common and provide transparency into management's direct investment in their company, which can be viewed positively by the market as an indicator of confidence.

Related Party Transactions

• The shares were acquired indirectly by MacKenzie Real Estate Advisers, LP, an entity in which Robert E. Dixon holds an interest, making this an indirect related-party transaction.

Stakeholder Impact

• Shareholders may view the CEO's continued investment, even if indirect, as a positive signal of management's belief in the company's value.
• Regulatory bodies benefit from the transparency provided by this filing regarding insider ownership changes.

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 from MacKenzie Realty Capital, Inc., any security holder, or the SEC staff.

Key Dates

Recommendation

This Form 4/A filing is a routine disclosure of an insider share purchase correction. While insider buying can be a positive signal, this specific amendment does not provide new fundamental information or a significant change in the investment thesis to warrant a change in recommendation. It primarily confirms a slightly larger indirect stake by the CEO at a price consistent with recent trading, suggesting a 'hold' is appropriate based solely on this filing.

Keywords

MacKenzie Realty Capital, MKZR, Robert E. Dixon, Insider Trading, Form 4, Share Acquisition, CEO, Beneficial Ownership