John Mazarakis, Executive Chairman at Chicago Atlantic Real Estate Finance, Inc. (REFI), bought 47,711 shares at $10.67 ($509K) on 2026-08-26, disclosed to the SEC on 2026-08-28.
Executive Chairman John Mazarakis purchased 40,181 shares of Chicago Atlantic Real Estate Finance (REFI) for $428,595, signaling confidence in the company's turnaround following a merger agreement. This move comes as the stock trades near a 52-week low, suggesting the insider views the current valuation as attractive.
REFI is down 24.1% over the past year and is currently 26.39% below its 52-week high of $14.57, though it has recovered 8.39% over the last 30 days.
1) Merger agreement with Chicago Atlantic BDC (NASDAQ:LIEN) announced on June 18, 2026; 2) Q2 2026 earnings call transcript released on August 18, 2026; 3) Q2 2026 earnings call summary released on August 12, 2026.
The stock faces a risk of continued underperformance given it missed Q2 2026 earnings and revenue estimates by -10.42% and -7.26%, respectively, as reported on August 11, 2026.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $10.67 | 40,181 | $429K | 84.2% |
| 2 | $10.67 | 7,530 | $80K | 15.8% |
| Total | $10.67 avg | 47,711 | $509K | 100% |
| Filing → |
| REFI | BUY | 2026-08-19 | $256K | — | Filing → |
| REFI | BUY | 2025-10-16 | $102K | — | Filing → |
| REFI | BUY | 2025-10-02 | $93K | — | Filing → |