$REFI

Sack Peter purchased $52K of REFI

Sack Peter (Co-Chief Executive Officer) purchased 5,000 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at an average of $10.44 ($10.39–$10.53) across 3 trades over 2026-08-18 to 2026-08-19.

Original reporting
SEC EDGAR · Sack Peter
Published Aug 21, 2026, 5:49 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 21, 2026, 5:52 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$REFI
Neutral
high confidence
Mentioned
$REFI
Relevance
4/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$REFINeutralLow
01

Why it matters

The purchase is modest and unlikely to move the stock significantly.

02

Market read

Limited relevance; typical insider buy with low material impact.

03

What to watch

Potential future capital raises or strategic moves not reflected in this small purchase.

Relevance 4/10Novelty 4/10Timing: filed today

Background

Form 4 disclosures provide the first public record of insider transactions.

Company-level read

Ticker impact

$REFINeutralHigh confidence
Context

Co-CEO Peter Sack bought 5,000 shares for $52,220, increasing his stake to 123,356 shares.

Expected impact

Minimal short-term price movement expected.

Evidence & confidence

Purchase size is modest relative to float; no material change in ownership.

Market effects

None

None

None

Counterpoint

Insider buying could be a subtle signal of upcoming positive developments.

Key entities

  • Chicago Atlantic Real Estate Finance, Inc.

    Issuer of the Form 4 filing.

  • Peter Sack

    Co-CEO and insider purchaser.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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$REFIMed

Chicago Atlantic (REFI) Q2 2026 Earnings Call Transcript

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$REFIMed

Chicago Atlantic Real Estate Finance, Inc. Q2 2026 Earnings Call Summary

Chicago Atlantic Real Estate Finance (REFI) reported Q2 2026 distributable earnings of $0.44 per share, below the dividend, citing timing of $16.3 million in early loan prepayments. Management discussed a proposed merger with LIEN expected in Q4 2026, a Koach Capital cannabis sale-leaseback exposure, and a 90% to 100% payout target for 2026.

$REFIMed

Chicago Atlantic Real Estate Finance, Inc. (REFI): Results of Operations and Financial Condition

Chicago Atlantic Real Estate Finance, Inc. (REFI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Chicago Atlantic Real Estate Finance Announces Second Quarter 2026 Financial Results CHICAGO— (August 11, 2026) Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI, “Chicago Atlantic”, “REFI” or the “Company”), a commercial mortgage real estate investment trust,