Insider Tracker SEC Form 4 insider trades
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REFI

Chicago Atlantic Real Estate Finance, Inc.

Real Estate Real Estate Investment Trusts Market cap: $224.7M All insider activity → Quote and statistics → Sign in to watch REFI Sign in to set a price alert
63
Insider Score Band 60–79

Research score, not a recommendation.

Total bought$673.2K9 Form 4 purchases
Distinct insiders5open-market buyers
Lead insiderMazarakis JohnChair
Cluster window2025-10-01 → 2025-10-16closed

Market data

Live quote and chart from Yahoo Finance, loaded through this server. Insider purchases are marked on the chart.

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Why this score

Research score: a weighted blend of the five factors, times the routine and offering discounts, minus the selling penalty.

Breadth number & diversity of participating insiders
83%
Seniority executive rank of buyers (CEO/CFO/Director)
92%
Commitment purchase size relative to company & holdings
69%
Context buying into stock weakness signals conviction
53%
Timing coordinated purchases within a tight window
88%
Routine-purchase discount × 1.00
Company-type / offering discount × 1.00
Net insider selling penalty − 0

Why are they buying?

No explanation has been generated for this cluster. The filings in the table below are the primary evidence.

Stock Price & Insider Purchase History

Daily close price with open-market insider purchases plotted over time

Loading price history…

Transactions

9 Form 4 trades · 5 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Filing
2025-10-15 Papastavrou Jason D history of Papastavrou Jason D's purchases Director 18,000 $12.65 avg $227.8K
2025-10-15 Papastavrou Jason D 3,000 $12.68 $38.0K SEC filing for Papastavrou Jason D (opens in a new tab)
2025-10-15 Papastavrou Jason D 5,000 $12.71 $63.6K SEC filing for Papastavrou Jason D (opens in a new tab)
2025-10-15 Papastavrou Jason D 10,000 $12.62 $126.2K SEC filing for Papastavrou Jason D (opens in a new tab)
2025-10-01 → 2025-10-16 Mazarakis John 6 purchases with a 63-day result · median -5.8% Chair 15,500 $12.60 avg $195.2K
2025-10-01 Mazarakis John 7,500 $12.43 $93.2K SEC filing for Mazarakis John (opens in a new tab)
2025-10-16 Mazarakis John 8,000 $12.75 $102.0K SEC filing for Mazarakis John (opens in a new tab)
2025-10-14 Sack Peter history of Sack Peter's purchases CEO 8,150 $12.43 $101.3K SEC filing for Sack Peter (opens in a new tab)
2025-10-14 Konigsberg Brandon history of Konigsberg Brandon's purchases Director 7,000 $12.33 $86.3K SEC filing for Konigsberg Brandon (opens in a new tab)
2025-10-14 → 2025-10-15 Kite David history of Kite David's purchases COO 5,000 $12.51 avg $62.5K
2025-10-14 Kite David 2,500 $12.31 $30.8K SEC filing for Kite David (opens in a new tab)
2025-10-15 Kite David 2,500 $12.70 $31.8K SEC filing for Kite David (opens in a new tab)
Total $673.2K

Other buying runs at REFI

A run ends after a pause in the buying, so one company can have several. Returns are the stock's return minus its benchmark's (IWM for small companies, SPY otherwise), from the first open after the run became a cluster. Past results, not a forecast.

After this run became a cluster: 21 days +0.9%63 days -8.5%126 days -14.9%

Other insider buying runs at this company, newest first, with the return against the benchmark that followed
Window Insiders Total Score 21 days63 days126 days Status
2026-08-17 → 2026-08-27 3 $1.3M 70 +4.4%–– active
2022-12-12 4 $475.0K 57 +0.8%-8.8%+6.0% closed
2022-04-22 → 2022-05-23 3 $390.2K 39 -9.0%-14.8%– closed
2021-12-07 → 2021-12-08 11 $25.4M 75 +6.8%+16.6%+18.8% closed