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
75
Insider Score Band 60–79

Research score, not a recommendation.

Total bought$25.4M14 Form 4 purchases
Distinct insiders11open-market buyers
Lead insiderMazarakis JohnChair
Cluster window2021-12-07 → 2021-12-08closed

Market data

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

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partial data Price history is incomplete; missing inputs count as neutral in the score.

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
100%
Seniority executive rank of buyers (CEO/CFO/Director)
83%
Commitment purchase size relative to company & holdings
70%
Context buying into stock weakness signals conviction
50%
Timing coordinated purchases within a tight window
100%
Routine-purchase discount × 1.00
Company-type / offering discount × 0.50
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

14 Form 4 trades · 11 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Flags Filing
2021-12-07 Chicago Atlantic Fund QP, LLC history of Chicago Atlantic Fund QP, LLC's purchases 10% owner 918,750 $16.00 $14.7M
offering
SEC filing for Chicago Atlantic Fund QP, LLC (opens in a new tab)
2021-12-07 Chicago Atlantic CRE Holdings, LLC history of Chicago Atlantic CRE Holdings, LLC's purchases 10% owner 175,000 $16.00 $2.8M
offering
SEC filing for Chicago Atlantic CRE Holdings, LLC (opens in a new tab)
2021-12-07 → 2021-12-08 Mazarakis John 6 purchases with a 63-day result · median -5.8% Chair 161,250 $16.00 avg $2.6M
offering
2021-12-07 Mazarakis John 156,250 $16.00 $2.5M
offering
SEC filing for Mazarakis John (opens in a new tab)
2021-12-08 Mazarakis John 5,000 $16.00 $80.0K
offering
SEC filing for Mazarakis John (opens in a new tab)
2021-12-07 → 2021-12-08 Bodmeier Andreas history of Bodmeier Andreas's purchases President 157,250 $16.00 avg $2.5M
offering
2021-12-07 Bodmeier Andreas 156,250 $16.00 $2.5M
offering
SEC filing for Bodmeier Andreas (opens in a new tab)
2021-12-08 Bodmeier Andreas 1,000 $16.00 $16.0K
offering
SEC filing for Bodmeier Andreas (opens in a new tab)
2021-12-07 → 2021-12-08 Cappell Anthony history of Cappell Anthony's purchases CEO 156,750 $16.00 avg $2.5M
offering
2021-12-07 Cappell Anthony 156,250 $16.00 $2.5M
offering
SEC filing for Cappell Anthony (opens in a new tab)
2021-12-08 Cappell Anthony 500 $16.25 $8.1K
SEC filing for Cappell Anthony (opens in a new tab)
2021-12-08 HERBST FREDERICK C history of HERBST FREDERICK C's purchases Director 5,000 $16.00 $80.0K
offering
SEC filing for HERBST FREDERICK C (opens in a new tab)
2021-12-08 Papastavrou Jason D history of Papastavrou Jason D's purchases Director 5,000 $16.00 $80.0K
offering
SEC filing for Papastavrou Jason D (opens in a new tab)
2021-12-08 Steiner Michael L. history of Steiner Michael L.'s purchases Director 5,000 $16.00 $80.0K
offering
SEC filing for Steiner Michael L. (opens in a new tab)
2021-12-08 Konigsberg Brandon history of Konigsberg Brandon's purchases Director 1,000 $16.00 $16.0K
offering
SEC filing for Konigsberg Brandon (opens in a new tab)
2021-12-08 Menze Lindsay history of Menze Lindsay's purchases CFO 300 $16.00 $4.8K
offering
SEC filing for Menze Lindsay (opens in a new tab)
2021-12-08 Sack Peter history of Sack Peter's purchases President 300 $16.00 $4.8K
offering
SEC filing for Sack Peter (opens in a new tab)
Total $25.4M

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 +6.8%63 days +16.6%126 days +18.8%

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
2025-10-01 → 2025-10-16 5 $673.2K 63 +0.9%-8.5%-14.9% closed
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