4/A: Robert Dixon Reports Conversion of Preferred Shares and Indirect Ownership in MacKenzie Realty Capital

Sentiment:

SEC Form 4/A


CEO Robert Dixon reports a transaction involving the conversion of Series A Preferred shares to Common shares and indirect ownership through MPF Successors, LP in MacKenzie Realty Capital, Inc.

Summary

  • Robert Dixon, CEO/President of MacKenzie Realty Capital, Inc. (MKZR), filed a Form 4/A on April 03, 2025, reporting changes in beneficial ownership.
  • On March 28, 2025, Dixon converted Series A Preferred shares to 65,921 shares of Common Stock at a price of $1.7087 per share.
  • Following the transaction, Dixon directly owns 211,512 shares of MacKenzie Realty Capital Inc. Common Stock.
  • Dixon also has indirect beneficial ownership of 9,935.45 shares through MPF Successors, LP, where MPF owns 55,692 shares of MKZR.
  • The filing indicates that Dixon owns an interest in MPF and therefore could be deemed to beneficially own a portion of the shares owned by MPF.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about an insider's stock transactions.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions and holdings in the company's stock. It allows investors to track the actions of key executives and assess their confidence in the company's prospects.

Stakeholder Impact

  • Shareholders may be interested in the CEO's transactions as an indicator of management's view of the company's value.

Key Dates

DateDescription
03/28/2025Date of transaction: Conversion of Series A Preferred shares to Common Stock.
03/31/2025Date of Original Filed (If Amendment)
04/03/2025Date of filing the Form 4/A.

Keywords

Form 4, Beneficial Ownership, Robert Dixon, MacKenzie Realty Capital, MKZR, Series A Preferred, Common Stock, MPF Successors LP, Conversion

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