4/A: Robert Dixon Reports Conversion of Series A Preferred Shares to Common Stock in MacKenzie Realty Capital, Inc.
SEC Form 4
Robert Dixon, CEO/President of MacKenzie Realty Capital, Inc., reports the conversion of Series A Preferred shares to Common Stock on March 28, 2025.
Summary
- On March 28, 2025, Robert Dixon, CEO/President of MacKenzie Realty Capital, Inc., converted Series A Preferred shares to Common Stock.
- This transaction resulted in the acquisition of 60,073 shares of Common Stock at a price of $1.7087 per share.
- Following the reported transaction, Dixon directly owns 205,664 shares of MacKenzie Realty Capital Inc. Common Stock.
- Dixon also indirectly owns 9,935.45 shares through MPF Successors, LP.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't convey any particular sentiment, positive or negative.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It doesn't provide specific insights into broader industry trends but reflects the individual investment decisions of a key executive.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the increase in common stock outstanding.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of transaction: Conversion of Series A Preferred shares to Common Stock. |
| 03/31/2025 | Date of original filing and signature date. |
Keywords
Form 4, Robert Dixon, MacKenzie Realty Capital, MKZR, Beneficial Ownership, Series A Preferred, Common Stock, Conversion
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