4/A: MKZR CFO Amends Share Purchase, Corrects Holdings

MacKenzie Realty Capital's CFO, Angche Sherpa, filed an amended Form 4 to correct the number of shares acquired in a recent transaction.

Summary

• An amendment to a Form 4 was filed by Angche Sherpa, Chief Financial Officer of MacKenzie Realty Capital, Inc. (MKZR).
• The amendment corrects an error in the previously reported number of shares acquired.
• The original filing incorrectly stated 20,012 shares were acquired.
• The correct number of shares acquired is 21,012 shares of MacKenzie Realty Capital Inc. Common Stock.
• The shares were purchased on August 14, 2025, at a weighted average price of $4.84 per share.
• Individual transaction prices ranged from $4.75 to $4.91.
• Following the transaction, the beneficial ownership is 56,709 shares, held indirectly by MacKenzie Real Estate Advisers, LP.

Sentiment

Score: 7

Explanation: The filing corrects an administrative error, which is neutral, but the underlying transaction is an insider purchase by the CFO, which is generally a positive signal of confidence in the company's future prospects. The increase in shares acquired (from 20,012 to 21,012) is also a minor positive adjustment.

Positives

• The CFO increased their indirect beneficial ownership in the company by acquiring 21,012 shares, signaling confidence.
• The purchase price range of $4.75 to $4.91 suggests management confidence in the company's valuation at these levels.

Negatives

• An error in the initial filing required an amendment, which could indicate minor administrative oversight.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Management Comments

• The reporting person undertakes to provide to MacKenzie Realty Capital, Inc. (MKZR), any security holder of MKZR, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote 1 to this Form 4.
• The filer owns an interest in MREA and therefore could be deemed to beneficially own the MRC shares acquired by MREA, but disclaims beneficial ownership of the securities referred to herein except to the extent of the filer's pecuniary interest in such securities.

Industry Context

This insider transaction, where a Chief Financial Officer increases their stake, generally signals management's confidence in the company's prospects. In the real estate investment sector, such buying can be a positive indicator, especially if the company's stock is perceived as undervalued or if there are positive internal developments.

Related Party Transactions

• The shares were acquired by MacKenzie Real Estate Advisers, LP (MREA), an entity in which the filer (Angche Sherpa) owns an interest. This constitutes a related party transaction as the CFO has a pecuniary interest in the acquiring entity.

Stakeholder Impact

• Shareholders: The increase in insider ownership by the CFO could be viewed positively, signaling management's belief in the company's value. The correction ensures accurate public record of insider holdings.

Next Steps

• The reporting person undertakes to provide full information regarding share purchases at specific prices upon request from MacKenzie Realty Capital, Inc., any security holder, or the SEC staff.

Key Dates

Recommendation

This filing is an amendment to correct a minor error in a previously reported insider purchase. While insider buying by the CFO is generally a positive signal of confidence, the correction itself is administrative and the additional shares are not substantial enough to warrant a 'buy' recommendation based solely on this filing. The overall sentiment remains neutral to slightly positive, suggesting a 'hold' position while awaiting more significant operational or financial news.

Keywords

MacKenzie Realty Capital, MKZR, Angche Sherpa, CFO, Form 4/A, Insider Trading, Share Purchase, Beneficial Ownership, Real Estate Investment