REFI · Insider Trading

Chicago Atlantic Real Estate Finance, Inc. Common Stock

Every open-market purchase and sale reported by REFI officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
13
code P
Sales
0
code S
Reporting Insiders
10
current holders
REFI — Recent Form 4 Transactions (latest 2026-08-28)
FiledInsiderRole TypeSharesValue
2026-08-28 John Mazarakis Executive Chairman Buy +47,711 +$508.94K
2026-08-25 John Mazarakis Executive Chairman Buy +145 +$1.55K
2026-08-21 Peter Sack Co-Chief Executive Officer Buy +5,000 +$52.22K
2026-08-19 Anthony Cappell Co-Chief Executive Officer Buy +45,000 +$468.23K
2026-08-19 John Mazarakis Executive Chairman Buy +25,000 +$256.32K
2026-04-22 Elizabeth Mary Stavola Director A +6,324 —
2026-04-22 David Kite President and COO A +37,099 —
2026-04-22 Anthony Cappell Co-Chief Executive Officer A +37,099 —
2026-04-22 Peter Sack Co-Chief Executive Officer A +37,099 —
2026-04-22 Phillip Silverman Chief Financial Officer A +32,462 —
2026-04-22 John Mazarakis Executive Chairman A +37,099 —
2026-04-22 Jason D Papastavrou Director A +6,324 —
2026-04-22 Brandon Konigsberg Director A +6,324 —
2025-10-16 Peter Sack Co-Chief Executive Officer Buy +8,150 +$101.30K
2025-10-16 Brandon Konigsberg Director Buy +7,000 +$86.30K
2025-10-16 David Kite Chief Operating Officer Buy +5,000 +$62.52K
2025-10-16 John Mazarakis Executive Chairman Buy +8,000 +$102.00K
2025-10-16 Jason D Papastavrou Director Buy +18,000 +$227.74K
2025-10-02 John Mazarakis Executive Chairman Buy +7,500 +$93.22K
2025-04-10 Phillip Silverman Chief Financial Officer Buy +769 +$10.00K
2025-04-03 Phillip Silverman Chief Financial Officer A +8,993 —
2025-04-03 Brandon Konigsberg Director A +5,071 —
2025-04-03 Jason D Papastavrou Director A +5,071 —
2025-04-03 Anthony Cappell Co-Chief Executive Officer A +28,398 —
2025-04-03 Andreas Bodmeier President and CIO A +28,398 —
2025-04-03 David Kite Chief Operating Officer A +28,398 —
2025-04-03 Michael L. Steiner Director A +5,071 —
2025-04-03 Peter Sack Co-Chief Executive Officer A +28,398 —
2025-04-03 John Mazarakis Executive COB A +28,398 —
2024-11-08 John Mazarakis Executive COB MIXED — −$105
2024-04-03 Anthony Cappell Co-Chief Executive Officer A +43,655 +$680.58K
2024-04-03 Phillip Silverman CFO A +5,717 —
2024-04-03 John Mazarakis Executive COB A +43,655 +$680.58K
2024-04-03 Andreas Bodmeier President and CIO A +43,655 +$680.58K
2024-04-03 Jason D Papastavrou Director A +4,811 +$75.00K
2024-04-03 Michael L. Steiner Director A +4,811 +$75.00K
2024-04-03 Brandon Konigsberg Director A +4,811 +$75.00K
2024-04-03 Donald E. Gulbrandsen Co-President and CIO A +4,811 +$75.00K
2024-04-03 Frederick C Herbst Director A +4,811 +$75.00K
2024-04-03 Peter Sack Co-Chief Executive Officer A +11,388 +$177.54K
2023-06-02 Phillip Silverman Interim CFO A +11,500 +$169.62K
2023-06-02 Peter Sack Co-President A +27,500 +$405.62K
2023-06-02 Andreas Bodmeier Co-President and CIO A +85,100 +$1.26M
2023-06-02 Anthony Cappell Chief Executive Officer A +85,100 +$1.26M
2023-06-02 John Mazarakis Executive COB A +85,100 +$1.26M
2023-03-15 John Mazarakis Executive COB Buy +10,000 +$131.90K
2023-01-04 Frederick C Herbst Director A +4,976 —
2023-01-04 Michael L. Steiner Director A +4,976 —
2023-01-04 Jason D Papastavrou Director A +4,976 —
2023-01-04 Brandon Konigsberg Director A +4,976 —
REFI — Current Insider Holders
InsiderRole Shares HeldValue
John Mazarakis Executive Chairman 550,556 $5.02M
Anthony Cappell Co-Chief Executive Officer 473,328 $4.32M
Andreas Bodmeier President and CIO 398,279 $3.63M
Michael L. Steiner Director 387,484 $3.53M
Peter Sack Co-Chief Executive Officer 121,356 $1.11M
David Kite President and COO 109,611 $999.65K
Phillip Silverman Chief Financial Officer 71,516 $652.23K
Jason D Papastavrou Director 58,870 $536.89K
Brandon Konigsberg Director 33,870 $308.89K
Elizabeth Mary Stavola Director 6,324 $57.67K
REFI Insider Trading FAQ
Who are the insiders at REFI?
10 officers, directors and 10%+ beneficial owners currently report holdings in REFI via SEC Form 4.
Are REFI insiders buying or selling?
Across the 50 most recent Form 4 filings for REFI, 13 were open-market purchases (code P) and 0 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is REFI insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent REFI filing is dated 2026-08-28.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the REFI quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.