CTO Realty Growth, Inc. - 01 Aug 2025 Form 4 Insider Report for Alpine Income Property Trust, Inc. (PINE)

Reporting relationship: 10%+ Owner
Issuer ticker: PINE
Reported as of: 01 Aug 2025
Net transaction value: +$563,488
SEC form: 4
Accepted by SEC: 05 Aug 2025, 21:30:09 UTC
Prior SEC filing: 31 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ Daniel E. Smith, Senior Vice President, General Counsel & Corporate Secretary of CTO Realty Growth, Inc.

Key filing fact

CTO Realty Growth, Inc. filed Form 4 for Alpine Income Property Trust, Inc. (PINE) on 05 Aug 2025.

Key facts

This page summarizes CTO Realty Growth, Inc.'s Form 4 filing for Alpine Income Property Trust, Inc. (PINE).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 05 Aug 2025, 21:30.

Change

Previous filing in this sequence was filed on 31 Jul 2025.
Current net transaction value: +$563,488.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0000023795 Primary reporting owner

CTO Realty Growth, Inc.

Relationship: 10%+ Owner
Address: 369 N. NEW YORK AVE, SUITE 201, WINTER PARK
Signature: /s/ Daniel E. Smith, Senior Vice President, General Counsel & Corporate Secretary of CTO Realty Growth, Inc.
Signature date: 05 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PINE transaction

Common Stock

Purchase

Transaction value: $250,250
Shares: +17,733
Change %: +6.5%
Price: $14.11
Shares after: 290,152
Date: 01 Aug 2025
Ownership: see footnote below
Footnotes: F1, F2, F3

PINE transaction

Common Stock

Purchase

Transaction value: $183,013
Shares: +12,757
Change %: +4.4%
Price: $14.35
Shares after: 302,909
Date: 04 Aug 2025
Ownership: see footnote below
Footnotes: F1, F3, F4

PINE transaction

Common Stock

Purchase

Transaction value: $130,225
Shares: +9,090
Change %: +3%
Price: $14.33
Shares after: 311,999
Date: 05 Aug 2025
Ownership: see footnote below
Footnotes: F1, F3, F5

PINE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 935,703
Date: 01 Aug 2025
Ownership: Direct

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 28, 2025.

Footnote F2

The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.02 to $14.17, 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.

Footnote 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.

Footnote F4

The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.23 to $14.40, 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.

Footnote F5

The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.17 to $14.37, 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.