Form 4: MacKenzie Realty Capital Treasurer Acquires Shares Through DRIP
SEC Form 4 Filing
Glen W. Fuller, Treasurer of MacKenzie Realty Capital, acquired shares of the company's common stock through a Dividend Reinvestment Plan (DRIP).
Summary
- On May 1, 2016, Glen W. Fuller, Treasurer of MacKenzie Realty Capital, Inc., acquired 2,913.55 shares of the company's common stock.
- The acquisition was made through a Dividend Reinvestment Plan (DRIP) at a weighted average price of $8.93 per share.
- The price range for the multiple trades was between $7.38 and $10.00.
- Following the transaction, Fuller directly owns 9,935.45 shares.
- Fuller also has an indirect ownership through MPF Successors, LP, which acquired shares of MacKenzie Realty Capital, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction (DRIP) by an officer, indicating neither strong positive nor negative implications.
Positives
- The acquisition of shares by a company officer can be seen as a positive signal, indicating confidence in the company's future.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. DRIPs are a common way for investors to increase their holdings in a company over time.
Key Dates
| Date | Description |
|---|---|
| 05/01/2016 | Date of earliest transaction (share acquisition through DRIP) |
| 02/01/2024 | End date of DRIP share acquisition |
| 09/25/2024 | Date of signature on the report |
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