REFI Chicago Atlantic Real Estate Finance, Inc.

NASDAQ
$11.15

Chicago Atlantic Real Estate Finance, Inc. (REFI) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal Bullish Insiders bought more than they sold over this window — uncommon at any size.
Cluster activity 2 buyers in the last 30 days 3 buyers in the last 90 days 0 sellers in the last 90 days
Insiders buying
6
15 transactions
Insiders selling
0
0 transactions
Purchases
$1.5M
128,795 shares
Sales
$0
0 shares
Net activity
$1.5M
purchases less sales

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: August 21, 2026 , by Mazarakis John .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Mazarakis John Executive Chairman Buy 145 $10.67 $1.5K 478,851
Sack Peter 2 fills Co-Chief Executive Officer Buy 3,500 $10.45 $36.6K 123,356
Sack Peter Co-Chief Executive Officer Buy 1,500 $10.43 $15.6K 119,856
Cappell Anthony Co-Chief Executive Officer Buy 45,000 $10.40 $468.2K 466,706
Mazarakis John Executive Chairman Buy 25,000 $10.25 $256.3K 478,706
Mazarakis John Executive Chairman Buy 8,000 $12.75 $102.0K 416,607
Papastavrou Jason D 3 fills Director Buy 18,000 $12.65 $227.7K 49,546
Kite David Chief Operating Officer Buy 2,500 $12.70 $31.8K 59,516
Sack Peter Co-Chief Executive Officer Buy 8,150 $12.43 $101.3K 81,257
Konigsberg Brandon Director Buy 7,000 $12.33 $86.3K 27,546
Kite David Chief Operating Officer Buy 2,500 $12.31 $30.8K 57,016
Mazarakis John Executive Chairman Buy 7,500 $12.43 $93.2K 408,607

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.