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

Reporting relationship: Director
Issuer ticker: RAND
Reported as of: 15 Sep 2025
Net transaction value: +$15,247
SEC form: 4
Accepted by SEC: 16 Sep 2025, 19:30:01 UTC
Prior SEC filing: 29 May 2025
Next SEC filing: 16 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Daniel Penberthy on behalf of Adam Samuel Gusky (2)

Key filing fact

Adam Samuel Gusky filed Form 4 for RAND CAPITAL CORP (RAND) on 16 Sep 2025.

Key facts

This page summarizes Adam Samuel Gusky's Form 4 filing for RAND CAPITAL CORP (RAND).
12 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 16 Sep 2025, 19:30.

Change

Previous filing in this sequence was filed on 29 May 2025.
Current net transaction value: +$15,247.

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 0001792912 Primary reporting owner

Gusky Adam Samuel

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

Reported non-derivative transactions

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

RAND transaction

Common Stock

Purchase

Transaction value: $1,460
Shares: +100
Change %: +0.31%
Price: $14.60
Shares after: 32,616
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $1,459
Shares: +100
Change %: +0.31%
Price: $14.59
Shares after: 32,716
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $364
Shares: +25
Change %: +0.08%
Price: $14.58
Shares after: 32,741
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $146
Shares: +10
Change %: +0.03%
Price: $14.57
Shares after: 32,751
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $146
Shares: +10
Change %: +0.03%
Price: $14.60
Shares after: 32,761
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $1,457
Shares: +100
Change %: +0.31%
Price: $14.57
Shares after: 32,861
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $1,455
Shares: +100
Change %: +0.3%
Price: $14.55
Shares after: 32,961
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $364
Shares: +25
Change %: +0.08%
Price: $14.55
Shares after: 32,986
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $146
Shares: +10
Change %: +0.03%
Price: $14.56
Shares after: 32,996
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $1,500
Shares: +100
Change %: +0.3%
Price: $15.00
Shares after: 33,096
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $3,750
Shares: +250
Change %: +0.76%
Price: $15.00
Shares after: 33,346
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

RAND transaction

Common Stock

Purchase

Transaction value: $3,000
Shares: +200
Change %: +0.6%
Price: $15.00
Shares after: 33,546
Date: 15 Sep 2025
Ownership: By LLC
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote 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.