Adam Samuel Gusky - 15 Sep 2025 Form 4 Insider Report for RAND CAPITAL CORP (RAND)

Role
Director
Signature
/s/ Daniel Penberthy on behalf of Adam Samuel Gusky (2)
Issuer symbol
RAND
Transactions as of
15 Sep 2025
Net transactions value
+$15,247
Form type
4
Filing time
16 Sep 2025, 19:30:01 UTC
Previous filing
29 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gusky Adam Samuel Director C/O RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 1405, BUFFALO /s/ Daniel Penberthy on behalf of Adam Samuel Gusky (2) 16 Sep 2025 0001792912

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAND Common Stock Purchase $1,460 +100 +0.31% $14.60 32,616 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $1,459 +100 +0.31% $14.59 32,716 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $364 +25 +0.08% $14.58 32,741 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $146 +10 +0.03% $14.57 32,751 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $146 +10 +0.03% $14.60 32,761 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $1,457 +100 +0.31% $14.57 32,861 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $1,455 +100 +0.3% $14.55 32,961 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $364 +25 +0.08% $14.55 32,986 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $146 +10 +0.03% $14.56 32,996 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $1,500 +100 +0.3% $15.00 33,096 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $3,750 +250 +0.76% $15.00 33,346 15 Sep 2025 By LLC F1
transaction RAND Common Stock Purchase $3,000 +200 +0.6% $15.00 33,546 15 Sep 2025 By LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are held by AG Energy, LLC. These securities may be deemed to be beneficially owned by Mr. Gusky by virtue of his control of AG Energy, LLC.