CTO Realty Growth, Inc. - Jun 13, 2023 Form 4 Insider Report for Alpine Income Property Trust, Inc. (PINE)

Role
10%+ Owner
Signature
/s/ Daniel E. Smith, Senior Vice President, General Counsel & Corporate Secretary of CTO Realty Growth, Inc.
Stock symbol
PINE
Transactions as of
Jun 13, 2023
Transactions value $
$130,294
Form type
4
Date filed
6/17/2024, 06:30 PM
Previous filing
Mar 20, 2023
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINE Common Stock Purchase $12.4K +830 +0.48% $14.99 174K Jun 13, 2024 see footnote below F1, F2, F3
transaction PINE Common Stock Purchase $118K +7.9K +4.53% $14.92 182K Jun 14, 2024 see footnote below F1, F3, F4
holding PINE Common Stock 936K Jun 13, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2023.
F2 The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.97 to $15.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
F3 These shares are owned directly by CTO TRS Crisp39 LLC, which is a wholly owned subsidiary of CTO Realty Growth, Inc. ("CTO"). CTO is an indirect beneficial owner of the reported securities.
F4 The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.80 to $15.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.