Insider Tracker SEC Form 4 insider trades
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REFI

Chicago Atlantic Real Estate Finance, Inc.

Real Estate Real Estate Investment Trusts Market cap: $224.7M All insider activity → Quote and statistics → Sign in to watch REFI Sign in to set a price alert

AI summary Insiders purchase open-market shares following Q2 2026 financial results.

70
Insider Score Band 60–79
Research score
61
AI adjustment
+9

Research score, not a recommendation.

Total bought$1.3M8 Form 4 purchases
Distinct insiders3open-market buyers
Lead insiderMazarakis JohnChair
Cluster window2026-08-17 → 2026-08-27active

Market data

Live quote and chart from Yahoo Finance, loaded through this server. Insider purchases are marked on the chart.

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Why this score

Research score: a weighted blend of the five factors, times the routine and offering discounts, minus the selling penalty.

Breadth number & diversity of participating insiders
37%
Seniority executive rank of buyers (CEO/CFO/Director)
100%
Commitment purchase size relative to company & holdings
74%
Context buying into stock weakness signals conviction
54%
Timing coordinated purchases within a tight window
94%
Routine-purchase discount × 1.00
Company-type / offering discount × 1.00
Net insider selling penalty − 0

Why are they buying?

AI · discretionary · catalyst credible · documented

Top executives and directors including the CEO and Chair made open-market purchases shortly after the release of second-quarter 2026 financial results on August 11, 2026, indicating confidence despite lower quarterly earnings caused by the timing of repayments and deployment.

The company reported $59.2 million in gross originations for Q2 2026 and noted that its portfolio continues to perform well with positive outlooks regarding strategic moves and the pending merger with Chicago Atlantic BDC, Inc.

Stock Price & Insider Purchase History

Daily close price with open-market insider purchases plotted over time

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Transactions

8 Form 4 trades · 3 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Filing
2026-08-17 → 2026-08-27 Mazarakis John 6 purchases with a 63-day result · median -5.8% Chair 72,856 $10.53 avg $766.8K
2026-08-17 Mazarakis John 25,000 $10.25 $256.3K SEC filing for Mazarakis John (opens in a new tab)
2026-08-21 Mazarakis John 145 $10.67 $1.5K SEC filing for Mazarakis John (opens in a new tab)
2026-08-26 Mazarakis John 40,181 $10.67 $428.6K SEC filing for Mazarakis John (opens in a new tab)
2026-08-27 Mazarakis John 7,530 $10.67 $80.3K SEC filing for Mazarakis John (opens in a new tab)
2026-08-17 Cappell Anthony history of Cappell Anthony's purchases CEO 45,000 $10.40 $468.2K SEC filing for Cappell Anthony (opens in a new tab)
2026-08-18 → 2026-08-19 Sack Peter history of Sack Peter's purchases CEO 5,000 $10.44 avg $52.2K
2026-08-18 Sack Peter 1,500 $10.43 $15.6K SEC filing for Sack Peter (opens in a new tab)
2026-08-19 Sack Peter 2,000 $10.39 $20.8K SEC filing for Sack Peter (opens in a new tab)
2026-08-19 Sack Peter 1,500 $10.53 $15.8K SEC filing for Sack Peter (opens in a new tab)
Total $1.3M

Other buying runs at REFI

A run ends after a pause in the buying, so one company can have several. Returns are the stock's return minus its benchmark's (IWM for small companies, SPY otherwise), from the first open after the run became a cluster. Past results, not a forecast.

After this run became a cluster: 21 days +4.4%63 days –126 days –

Other insider buying runs at this company, newest first, with the return against the benchmark that followed
Window Insiders Total Score 21 days63 days126 days Status
2025-10-01 → 2025-10-16 5 $673.2K 63 +0.9%-8.5%-14.9% closed
2022-12-12 4 $475.0K 57 +0.8%-8.8%+6.0% closed
2022-04-22 → 2022-05-23 3 $390.2K 39 -9.0%-14.8%– closed
2021-12-07 → 2021-12-08 11 $25.4M 75 +6.8%+16.6%+18.8% closed